Sam Bankman-Fried’s crypto empire just collapsed. Now he wants to explain himself (again).
The former FTX CEO will soon speak publicly, 19 days after FTX filed for bankruptcy protection and Bankman-Fried resigned from his role at the company.
Bankman-Fried will appear at The New York Times’s DealBook summit. It’s the latest unusual move for an embattled ex-CEO who has made plenty of them. Bankman-Fried has posted on Twitter and spoken to several media outlets in the wake of the FTX crash, blaming himself for the collapse, throwing shade at regulators, suggesting he was a secret Republican megadonor and even saying he regrets filing for bankruptcy protection in the first place.
Stay with The Block for live coverage of Bankman-Fried’s appearance at the summit. We’ll be listening closely to Bankman-Fried’s comments — and even keeping a running count of how many times he says he’s sorry.
Take what Bankman-Fried says with a grain of salt: The executive who just took over at FTX says the firm’s situation is the worst he’s ever seen, and he cleaned up Enron’s epic bankruptcy.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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