There may be a nuanced strategy behind Sam Bankman-Fried's (SBF_FTX) media blitz. But appearing to admit to fraud probably wasn't part of it, CoinDesk Chief Insights Columnist David Z. Morris (davidzmorris) writes. Opinion.
In the Twitter Spaces event on Thursday, Bankman-Fried seemed to admit that when some customers bought bitcoin on FTX, the exchange
The most obvious is that, while Bankman-Fried is defying whatever legal and PR advisers he can still afford to pay, he is nonetheless pursuing a “strategy” of his own devising. Despite the admissions above, he is advancing an obfuscated version of events according to which he wasof anything going on at FTX.
But the more interesting and likely theory is that there is no strategy here at all – just a cornered man following his worst instincts into some very bad decisions. Dan Primack at Axios floated the idea that Bankman-Fried is simply feeling lonely and isolated, is psychologically incapable of handling that and is turning to journalists as surrogate friends.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Sam Bankman-Fried says he 'didn't ever try to commit fraud'Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestion of fraud in his first public appearance since his company's collapse stunned investors and left creditors facing losses totaling billions of dollars.
Weiterlesen »
FTX founder Sam Bankman-Fried took questions about company collapse: 'We messed up big'Sam Bankman-Fried took questions at the DealBook Summit on Wednesday regarding the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded.
Weiterlesen »
Former FTX CEO Sam Bankman-Fried says he didn't 'try to commit fraud'Bankman-Fried, appearing at the New York Times DealBook Summit, tells CNBC anchor Andrew Ross Sorkin over a video call that he was “shocked” by his firm’s collapse.
Weiterlesen »
FTX crypto collapse: Ex-CEO Sam Bankman-Fried denies 'improper use' of customer fundsNASSAU, THE BAHAMAS — Sam Bankman-Fried, the embattled former CEO of cryptocurrency giant FTX and trading firm Alameda Research, told ABC News he was ultimately responsible for the downfall of both companies, but denied that he knew 'that there was any improper use of customer funds.'
Weiterlesen »
Former FTX CEO Sam Bankman-Fried denies 'improper use' of customer fundsIn the interview, Bankman-Fired admitted to not spending any time and effort trying to manage risk on FTX.
Weiterlesen »
Sam Bankman-Fried tries to defend FTX collapse, apologizes (again)The former FTX CEO speaks publicly, weeks after FTX filed for bankruptcy protection and Bankman-Fried resigned from his role at the company.
Weiterlesen »