FTX’s Bankman-Fried Reassured Clients Knowing Things Were Bad

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The Street

By Luc Olinga The founder of the cryptocurrency exchange was seeing alarming signs but told the outside world otherwise. Sam Bankman-Fried, 30, the founder of cryptocurrency exchange FTX, has spoken out in an interview for the first time since the collapse of his crypto empire. In this interview of more than an hour, intended to give his version of what happened, Bankman-Fried tried to convey the idea that he had no intention of defrauding the customers and investors of his companies FTX and Alameda Research, a hedge fund that also acts as a trading platform. “I didn’t ever try to commit fraud…

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