Since filing for bankruptcy and stepping down last week, Sam Bankman-Fried has said little other than a few tweets and unreadable comments attributed to him by members of the crypto community. He just gave an interview to the New York Times.
Would SBF think the worst?
On Monday, Sam Bankman-Fried, the former CEO of FTX, conceded to interview at the New York Times. The exchange mostly revolved around him and how he handles the situation. To this end, he has shown great concern and has addressed several news developments related to FTX.
Between two questions, the founder of the cryptocurrency exchange has declared : “My situation could be worse”. A statement variously interpreted on social media. Many in the cryptocurrency community believe that he may be contemplating suicide and needs help. But to others, Sam Bankman-Fried is simply acting and trying to win people over. Finally, there is another group of people who ask for a simple interpretation of his words. For them he is doing well, which could not have been the case.
Additionally, the former cryptocurrency mogul said he plays video games to relax and clear his head. This, while managing to catch up on some sleep. He recalls that several Internet users were shocked to see him play online over the past weekend.
SBF acknowledges its responsibility in the downfall of FTX
Sam Bankman-Fried also spoke briefly about how his crypto empire fell apart. He acknowledges his responsibility for what happened. Furthermore, he notes that there have been shortcomings that have contributed to the collapse of his system.
“I am responsible for some failures that led to the demise of FTX, including making other commitments that made me miss the signs of the company’s difficulties (…) If I had been a little more focused on what I was doing, I could have been more thorough”he said.
Furthermore, he said he regretted his role in interactions with CZ, the head of cryptocurrency exchange, Binance. “It was not a good strategic move on my part (…) I was quite frustrated with a lot of what I saw happening, but I should have realized that it was not a good decision on my part. apart from expressing things like that. ».
Finish, Sam Bankman-Fried said living room open to all criticism. She has promised that one day she will open up completely about what happened.
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Far from dampening my enthusiasm, a failed investment in a cryptocurrency in 2017 only increased my enthusiasm. I therefore decided to study and understand the blockchain and its multiple uses and to convey information related to this ecosystem with my pen.