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FTX Live Feed: Sam Bankman-Fried says he hasn’t commited fraud

by Thomas Babychan
December 1, 2022
in Business, Crypto, Markets, News, Tech, Trending, World
Reading Time: 1 min read
0
Sam Bankman-Fried transferred assets to Bahamas after FTX bankruptcy

Sam Bankman-Fried transferred assets to Bahamas after FTX bankruptcy

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I haven’t committed any fraud – SBF
05:33 (EST) December 1st, 2022

Sam Bankman-Fried said on Wednesday that he hasn’t committed fraud against anyone in relation to the recent collapse of FTX. FTX which was one of the largest cryptocurrency exchanges in the world filed for bankruptcy as large-scale withdrawals resulted in a severe liquidity crisis. Sam Bankman-Fried made statements during the Dealbook conference hosted by CNBC and The New York Times.

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“I’m deeply sorry about what happened,” Bankman-Fried said. “I made a lot of mistakes or things I would be able to give anything to be able to do over again.”

November 30th, 2022
The latest revealings by Sam Bankman-Fried regarding political donations are going to have long-lasting impacts on the 2024 US Presidential Elections

Sam Bankman-Fried, Former CEO of now-defunct cryptocurrency exchange, FTX has revealed that he donated “dark money” to Republican Party in the United States of America. Sam Bankman-Fried made the revelations during a telephonic interview with cryptocurrency vlogger Tiffany Fong.

In the first public interview after the collapse of FTX, Sam rubbished the claims that he is the biggest donor of the Democratic Party. According to Sam, he donated equal amounts of money to both parties in order to make sure that he influences both parties.

Tags: #FTX_CEO#Sam Bankman-FriedFTXFTX trade
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Thomas Babychan

Thomas Babychan is an experienced business and economic journalist with a focus on international trade, stock market, banking, and multilateral organizations. He also has expertise in international relations and diplomacy.

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