FTX’s Bankman-Fried Isn’t the Tragic Hero He Believes He Is

Published by
The Street

By Luc Olinga His media offensive inflicts another wound to the victims of his bankrupt crypto empire. FTX’s Sam Bankman-Fried doesn’t want to be the Bernie Madoff of crypto. The founder of the bankrupt cryptocurrency exchange FTX has launched a media blitz, intended to play down his responsibility for the downfall of his empire. SBF, as he is called in the crypto space, knew nothing. And how could he have known, since he did not run Alameda Research, his hedge-fund trading platform, from which the collapse started? “Look, I wasn’t running Alameda; I didn’t know exactly what was going on. I di…

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