FTX Founder Sam Bankman-Fried on the Crypto Exchange's Collapse | WSJ
FTX founder Sam Bankman-Fried sat down with The Wall Street Journal to discuss what happened to the billions of dollars deposited by the exchange’s customers. This interview has been edited for length. Photo: Kenny Wassus/The Wall Street Journal
His whole position is a sham. If this was truly all Alameda's fault and did not involve him, he would be guns blazing screaming about Caroline's mismanagement and proclaiming his innocence. But instead, he's just like "yeah, i'm not really sure, it just sort of…happened."
If sbf is th only person could help where the ftx assets and money went. He should be running the ftx under tight supervision. What you guys think? And if since he lost the the money and as he says he can make the money back. Let him do it under controlled conditions so millions of people can get their money back. THEN his punishment comes in. Just my opinion
Wow, when customers and large investors were pumping money in, politicians were accepting very large donations and letting him in the club, SBF 'The CEO' intelligently not only knew how both companies worked, but also knew enough how to prevent fraud to advise on regulation and was viewed as the Crypto God. When it all disappeared, he instantly became a vague, ignorant and negligent ah, err, uh, hmm, I guess, maybe naughty boy. I ah, err, uh, hmm, guess, maybe that doesn't say much for a MIT degree, or as we all likely know he is just keeping up a facade and not being honest… 😬
SBF is use to his BS working, and is thinking he can BS his way out of this one either. To summarize, I'm not sure what happened, this was a mistake, I'm so sorry.
"Off the top of my head". For a so-called "brilliant prodigy", he cant remember sfa. So he's focusing on the customers, how exactly? "I wish I wish I wish all the people that funded my debaucherous trading addiction and gross negligence resulting in fraud can one day, maybe, possibly, pretty pretty please, get their life savingses back?"
There is only 1 reason this thief isn’t in prison, it’s because he gave a boat load of users money to the Democratic Party and when the FBI investigates where that money went to they are going to find out that it’s in Politicians pockets and those politicians will have to 1 give it back, not happening, or 2 be looking at jail time themselves, really not happening!!! So this Creep SBF knew what he was doing when he gave these politicians this money, guy isn’t stupid, But still a thief and belongs in prison, too many good people got hurt here !!!!
Why would a physics major know anything about running a financial institution? The mind sets are different. At least Elizabeth Holmes knew something about testing, even if it wasn't enough. So he memorised a few equations for his finals, what's this got to do with business ethics., organisation, accounting, management? Absolutely nothing!!
The entire interview he acts as if he does not know what was gong on.he doesn't know anything but investors lost billions because of him, and the interviewer is way too soft on him
Everyone is blaming one person. We need to realize, he didn't micro manage his employees. So they need to really investigate what happened. But I suspect the true negligence was on Alameda's side.
He is a gd crook that is in it with our corrupt government. This is all coordinated. Our government is grotesquely corrupt and compromised. EVERYONE NEEDS TO BE IN PRISON STARTING WITH THIS GOOBER
Why this guy doesn't have a communications adviser to help him prepare for public and media appearances is beyond me. (I assume he doesn't–if he does, he should replace that person immediately.)
The interviewer's body language says a lot; I don't think he can even believe how ill-thinking and ill-prepared Bankman-Fried is. And the lack of emotion about the final question is just…wow…WOW.
So sorry for those who have suffered directly from Bankman-Fried's actions, or lack thereof.
How is it a conflict of interest to be involved in the day to day operations but then not a conflict of interest to own 90% lol who is this guy trying to fool. Wait till Caroline turns on him if she hasn't already
31 Comments
His whole position is a sham. If this was truly all Alameda's fault and did not involve him, he would be guns blazing screaming about Caroline's mismanagement and proclaiming his innocence. But instead, he's just like "yeah, i'm not really sure, it just sort of…happened."
I trust him seems like a good guy, His company will recover
why can no one ask him about wash trading and if he tried to do it a a larger scale than with ftt.
If sbf is th only person could help where the ftx assets and money went. He should be running the ftx under tight supervision. What you guys think? And if since he lost the the money and as he says he can make the money back. Let him do it under controlled conditions so millions of people can get their money back. THEN his punishment comes in. Just my opinion
Wow, when customers and large investors were pumping money in, politicians were accepting very large donations and letting him in the club, SBF 'The CEO' intelligently not only knew how both companies worked, but also knew enough how to prevent fraud to advise on regulation and was viewed as the Crypto God. When it all disappeared, he instantly became a vague, ignorant and negligent ah, err, uh, hmm, I guess, maybe naughty boy. I ah, err, uh, hmm, guess, maybe that doesn't say much for a MIT degree, or as we all likely know he is just keeping up a facade and not being honest… 😬
He was gambling with his users' money, how is this point not being pushed??? Please someone just say this to him simply
SBF is use to his BS working, and is thinking he can BS his way out of this one either. To summarize, I'm not sure what happened, this was a mistake, I'm so sorry.
I can't believe so many trusted their money with that man-baby.
"Off the top of my head". For a so-called "brilliant prodigy", he cant remember sfa. So he's focusing on the customers, how exactly? "I wish I wish I wish all the people that funded my debaucherous trading addiction and gross negligence resulting in fraud can one day, maybe, possibly, pretty pretty please, get their life savingses back?"
There is only 1 reason this thief isn’t in prison, it’s because he gave a boat load of users money to the Democratic Party and when the FBI investigates where that money went to they are going to find out that it’s in Politicians pockets and those politicians will have to 1 give it back, not happening, or 2 be looking at jail time themselves, really not happening!!! So this Creep SBF knew what he was doing when he gave these politicians this money, guy isn’t stupid, But still a thief and belongs in prison, too many good people got hurt here !!!!
All circumstantial evidences show that he is a high level criminal with pretension of innocence.
Why would a physics major know anything about running a financial institution? The mind sets are different. At least Elizabeth Holmes knew something about testing, even if it wasn't enough. So he memorised a few equations for his finals, what's this got to do with business ethics., organisation, accounting, management? Absolutely nothing!!
The entire interview he acts as if he does not know what was gong on.he doesn't know anything but investors lost billions because of him, and the interviewer is way too soft on him
The interviewer’s shocked look the whole time
做得好 薯條哥
he's still alive…?
Everyone is blaming one person. We need to realize, he didn't micro manage his employees. So they need to really investigate what happened. But I suspect the true negligence was on Alameda's side.
I keep thinking he's happy blabbering about Alameda 😢
Yep yep right right let me drink some more water, I don't remember dates yep yep
This comment section is taken over by scam bots and accounts and youtube is sleeping
How does he not know what’s going on within his companies?
He is a gd crook that is in it with our corrupt government. This is all coordinated. Our government is grotesquely corrupt and compromised. EVERYONE NEEDS TO BE IN PRISON STARTING WITH THIS GOOBER
hes a cia patsy
ofc the WSJ comments page is full of Indian bot scammers.
How is it possible this guy isn’t in jail?
I'm still surprised nobody has (redacted) this rat
He took the wired money and spent it, that easy!
What a train-wreck
unsubscribing …
Why this guy doesn't have a communications adviser to help him prepare for public and media appearances is beyond me. (I assume he doesn't–if he does, he should replace that person immediately.)
The interviewer's body language says a lot; I don't think he can even believe how ill-thinking and ill-prepared Bankman-Fried is. And the lack of emotion about the final question is just…wow…WOW.
So sorry for those who have suffered directly from Bankman-Fried's actions, or lack thereof.
How is it a conflict of interest to be involved in the day to day operations but then not a conflict of interest to own 90% lol who is this guy trying to fool. Wait till Caroline turns on him if she hasn't already