FTX founder Sam Bankman-Fried reportedly bought a major Democratic voter analytics software company over the summer, chasing away the firm's other investors.
Progressive FTX founder Sam Bankman-Fried faces questions about money given to liberal news organizations and whether he paid for favorable media coverage.
Mr. Bankman-Fried, the founder of the collapsed crypto exchange FTX, is scheduled be interviewed by The Times’s Andrew Ross Sorkin just weeks after his company’s spectacular fall.
Bankman-Fried, appearing at The New York Times Dealbook Summit, telling CNBC anchor Andrew Ross Sorkin over a video call that he was “shocked” by his firm’s collapse.
By Allison Morrow, CNN Business Sam Bankman-Fried, the 30-year-old founder of the bankrupt crypto exchange FTX, said he “didn’t ever try to commit fraud on anyone,” while admitting he made mistakes as chief executive.
CEO of high-flying brokerage decimated by crash of self-made token undergirding financing tells conference he is 'shocked' by details of affair and ashamed of overlooked conflicts
Sam Bankman-Fried took questions at the DealBook Summit on Wednesday regarding the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded.
CNN, CNN BUSINESS By Allison Morrow, CNN Business 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.
In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.
FTX founder Sam Bankman-Fried denied witnessing any illegal drug use by his employees and said he had been prescribed "various things" to help with concentration.
Sam Bankman-Fried Denies ‘Improper Use’ Of FTX Customer Funds | Since Then