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Sam Bankman-Fried Speaks Out: Admits Mistakes as FTX's CEO

Sam Bankman-Fried (SBF) faced the jury yesterday (Friday) and acknowledged the widespread fallout when the cryptocurrency exchange FTX, which he co-founded, crumbled. BBC reported that the 31-year-old entrepreneur, accused of deceiving investors and embezzling customer funds, opened up about his actions and decisions that led to this point. "A lot of people got hurt, customers, employees, and the company ended up in bankruptcy," he added.Throughout his testimony at the Manhattan federal court, S... Read More

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Posted: Oct 27 2023, 21:51

Author Name: financemagnates

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