Thursday, February 9, 2023

Legal professionals astonished as SBF admits failures, apologizes 12 times in interview By Cointelegraph

Legal professionals astonished as SBF admits failures, apologizes 12 times in interview

Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times’ DealBook Summit on Nov. 30.

In a wide-ranging video interview, Bankman-Fried was asked to answer a number of questions surrounding the downfall of the now-defunct exchange, with some even suggesting that some of his statements could be used to incriminate him in legal proceedings.

Former FTX CEO Sam Bankman-Fried during the hour-long live-video appearance. Source: New York Times’ DealBook Summit.

‘Soft-balled it,’ says community