Sam Bankman-Fried says he 'got a little cocky' before FTX collapsed | CNN Business

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Sam Bankman-Fried says he 'got a little cocky' before FTX collapsed | CNN Business
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“I think I got a little cocky — I mean, more than a little bit,” Sam Bankman-Fried said.

Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not going quietly. In back-to-back interviews, he’s portrayed himself as a clumsy and repentant businessman. “I think I got a little cocky — I mean, more than a little bit,” he told ABC’s George Stephanopoulos in an interview on Good Morning America.

“When you look at the classic Bernie Madoff story, there was no real business there … FTX — that was a real business.” His ABC interview, recorded in The Bahamas last week, aired just hours after Bankman-Fried’s livestreamed interview with The New York Times Wednesday evening. In that interview, Bankman-Fried said he “didn’t ever try to commit fraud on anyone,” while admitting he made mistakes as chief executive.

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