FTX chief Sam Bankman-Fried says he ‘screwed up’ but rejects fraud claim

FTX chief Sam Bankman-Fried says he ‘screwed up’ but rejects fraud claim

2 years ago
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https://www.theguardian.com/technology/2022/nov/30/ftx-sam-bankman-fried-i-screwed-up

Disgraced chief executive tells summit he ‘didn’t knowingly commingle funds’ with FTX’s sister company Alameda Research

“Look, I screwed up,” the fallen crypto billionaire Sam Bankman-Fried told a conference in New York on Wednesday, but he maintained he “didn’t ever try to commit fraud” and was “shocked” by the collapse of his businesses.