{"id":8129,"date":"2022-12-01T00:37:46","date_gmt":"2022-11-30T23:37:46","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/12\/01\/ftx-founder-sam-bankman-fried-says-he-screwed-up-but-didnt-commit-fraud\/"},"modified":"2022-12-01T00:37:46","modified_gmt":"2022-11-30T23:37:46","slug":"ftx-founder-sam-bankman-fried-says-he-screwed-up-but-didnt-commit-fraud","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/12\/01\/ftx-founder-sam-bankman-fried-says-he-screwed-up-but-didnt-commit-fraud\/","title":{"rendered":"FTX founder Sam Bankman-Fried says he \u2018screwed up\u2019 but didn\u2019t commit fraud"},"content":{"rendered":"<p>Disgraced CEO said he \u2018didn\u2019t knowingly comingle funds\u2019 with FTX\u2019s sister company Alameda Research<\/p>\n<p>\u201cLook, I screwed up,\u201d fallen crypto billionaire Sam Bankman-Fried told a conference in New York on Wednesday but he maintained he \u201cdidn\u2019t ever try to commit fraud\u201d and was \u201cshocked\u201d by the collapse of his businesses.<\/p>\n<p>Bankman-Fried, with glassy eyes and visibly shaking at times, appeared via video conference from a nondescript room in the Bahamas. He told the New York Times\u2019s DealBook Summit he was \u201cdeeply sorry about what happened\u201d but consistently argued he did not have a full picture of what was going on within the various branches of FTX, his now bankrupt cryptocurrency exchange, and its offshoots.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/nov\/30\/ftx-sam-bankman-fried-i-screwed-up\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/5544b0cb6f1804ee57f6e9196793a62aea076b4c\/0_330_5546_3330\/master\/5546.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=bd2d2ee22eb2542bd46a6389f3b8a2e7\" title=\"FTX founder Sam Bankman-Fried says he \u2018screwed up\u2019 but didn\u2019t commit fraud\" \/>Disgraced CEO said he \u2018didn\u2019t knowingly comingle funds\u2019 with FTX\u2019s sister company Alameda Research<br \/>\n\u201cLook, I screwed up,\u201d fallen crypto billionaire Sam Bankman-Fried told a conference in New York on Wednesday but he maintained he \u201cdidn\u2019t ever try to commit fraud\u201d and was \u201cshocked\u201d by the collapse of his businesses.<br \/>\nBankman-Fried, with glassy eyes and visibly shaking at times, appeared via video conference from a nondescript room in the Bahamas. He told the New York Times\u2019s DealBook Summit he was \u201cdeeply sorry about what happened\u201d but consistently argued he did not have a full picture of what was going on within the various branches of FTX, his now bankrupt cryptocurrency exchange, and its offshoots. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disgraced CEO said he \u2018didn\u2019t knowingly comingle funds\u2019 with FTX\u2019s sister company Alameda Research \u201cLook, I screwed up,\u201d fallen crypto billionaire Sam Bankman-Fried told a conference in New York on Wednesday but he maintained he \u201cdidn\u2019t ever try to commit fraud\u201d and was \u201cshocked\u201d by the collapse of his businesses. Bankman-Fried, with glassy eyes and &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/12\/01\/ftx-founder-sam-bankman-fried-says-he-screwed-up-but-didnt-commit-fraud\/\"> <span class=\"screen-reader-text\">FTX founder Sam Bankman-Fried says he \u2018screwed up\u2019 but didn\u2019t commit fraud<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":8130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8129"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8129"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8130"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8129"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}