FTX Collapse: Bankman-Fried Denies Fraud

By Luc Olinga The fallen founder of the cryptocurrency exchange gave his first interview since the collapse of his empire on November 11. Sam Bankman-Fried, 30, has spoken for the first time since his crypto empire went bankrupt on Nov. 11. The deposed CEO of cryptocurrency exchange FTX gave his first interview on November 30. For more than an hour he was questioned about the overnight implosion of his empire made up of FTX and Alameda Research, a hedge fund that is also a trading platform. The question aimed to explain how FTX which was valued at $32 billion in February ran out of cash within…