Sam Bankman-Fried (SBF), the former CEO of the bankrupt cryptocurrency exchange FTX, plans to start a new business to reimburse victims.
In a recent interview with the BBC, Bankman-Fried said: planning to start a new business told. SBF, which hosted the BBC reporter in its luxury home in the Bahamas, said it was not deliberately committing fraud, and responded by saying “I wasn’t as competent as I thought it would be”.
Estimated to more than one million individual and institutional investors 10 billion to 50 billion dollars When asked how FTX, which owes it to investors, is going to repay that money, SBF suggested that it has a plan and said it’s doing everything it can. will try everything stated:
At the very least, I think I have a duty to FTX users to do the right thing as much as I can.
I’m worried about being suddenly arrested one night
Continuing his life in the Bahamas, SBF is in a restless state. is in waiting told. In his past interviews, he explained that the reason FTX Bahamas gives its users priority in withdrawing their money is to live in the same place with an angry public. it’s because you don’t want had expressed. Now on the subject of “sudden arrest while ruminating at night” worried stated that:
I get a little brooding at night, yes, and I’m worried about that. But during the day, I try to focus, be as productive as I can, and ignore things that are out of my control.
When asked if he knew of client assets in FTX being used by Alameda Research, SBF responded to previous interviews. a contradictory made a statement and accept responsibility has:
Client funds were in one way or another my responsibility.