The former CEO tells Axios about what helped lead to FTX's collapse.
: Bankman-Fried, however, added that he bears the brunt of the blame.
"I wish I'd been more careful... I obviously deeply regret this. I've been focusing on volume, rather than positions for balances," he said. "I should have been more responsible, and I should have been more on top of what was going on."Investors and creditors have their share of regrets as well, given the tens of billions in market value that was wiped out in a matter of days.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
FTX collapse drives curiosity around Sam Bankman-Fried, Google data showsGoogle Trends data show that searches for SBF are 185.7% more than they were for Do Kwon when Terra (LUNA) collapsed in May 2022.
Weiterlesen »
Bahamas AG Gets Defensive as FTX Investors Ask About Sam Bankman-FriedBahamas Attorney General Gets Defensive as FTX Investors Wonder About Sam Bankman-Fried
Weiterlesen »
FTX founder Sam Bankman-Fried on hot seat as Senate inquiries, criminal probes move forwardCriminal and political investigations into FTX founder and former CEO Sam Bankman-Fried are set to heat up in the coming weeks as federal authorities seek to bring him to U.S. soil.
Weiterlesen »
Investor conned in FTX crypto scandal pursuing legal action against Sam Bankman-Fried: ‘He committed fraud’Crypto investor Evan Singh Luthra argues FTX CEO Sam Bankman-Fried should 'already be in jail' for committing 'outright fraud' and other crimes with users' funds.
Weiterlesen »
Bankrupt BlockFi Sues Sam Bankman-Fried for His Robinhood Shares, FT Reports.BlockFi is suing SBF_FTX for shares he owns in RobinhoodApp to meet a collateral pledge, the Financial Times reported. GregAhl reports.
Weiterlesen »
BlockFi Sues FTX’s Sam Bankman-Fried Over Robinhood SharesThe lawsuit comes just hours after the cryptocurrency lender filed for bankruptcy protection after a liquidity crunch brought on by the collapse of FTX.
Weiterlesen »