FTX founder Sam Bankman-Fried sat down with The Wall Street Journal to discuss what happened to the billions of dollars deposited by the exchange’s customers.
This interview has been edited for length. Photo: Kenny Wassus/The Wall Street JournalNASSAU, Bahamas—FTX founder Sam Bankman-Fried said he couldn’t explain what happened to billions of dollars that customers of his
Disgraced FTX boss Sam Bankman-Fried says he hopes to ‘pay people back’ ... via YouTube
Crypto's Great Financial Crisis: Everything You Need To Know (So Far) via YouTube
Madoff is laughing his head off in hell.
Straight to jail do not collect $200
Stop the b..s..
No no no Mr. Crypto You are an educated person - even a child can fully understand your basic conduct to spend investors money is a crime. The more you explain with trivial excuses the more you admit to your crime.
Neither can the Pentagon.
Not your 🔑 not your 🧀
You guys are painting the bad guy good why not misused billions of dollars belonging to customers
Criminal 👀
They ripped it off.
Go directly to jail, do not pass go.
Where are his lawyers?
Why are people so hyped on crypto , can someone explain . Somebody said in this thread , writing a billion dollars on a dirty napkin don't make it so. Sounds about right
Next time a responsible guardianship pls
His lawyers and PR firm is a top notch and will be most sought after. They are dodging every worst hurdle for SBF_FTX. fraud SBF_FTX Crypto
Exactly like the market maker AND the hedge fund Ken Griffin, Citadel and Citadel Securities. No conflicts or co-mingling at Citadel, right? Ken just using Bernie Madoff's payment for order flow to front run retail trades.
Fraudster
Who are all these stupid people buying crypto nonsense? Really now! If I wrote the words ‘$1 Billion’ on a dirty napkin, that doesn’t make it worth a billion.
How can you defend this kind of fkers, he deserve jail
Lies lies...
funny after the dec 6th election the narrative changes
Why he ia not in jail?
He just keeps talking. Like a child.
Fk me You give platform to this scum. You're same garbage as he is.
Mf SBF
Him and the Pentagon have the same counting problem 🤔 interesting. But if I'm off 5k on my taxes they'll be all over my ass
This guy is so sleazy that he belongs in the US Congress or the Presidency
Crook
A liar, a fraud and a thief.
Because obviously, when you own a company, you have nothing to do with it 🤡🤡
It seems like you took “incentives” to peddle paid propaganda where you simp for a criminal. Your guy has a face for radio, and the rot runs deep.
So nice that he’s just free and doing all the media rounds claiming not to know anything about anything going on. Poster boy for WhitePrivilege
Nothing but wise he knew exactly what he was doing he'd been to the White House several times his brother worked at the White House his parents work for the Democrat it's all a money laundering skim but he'll get away weather because there's corruption
If I were Sam I would definitely stay out of dark alleys
In other news is great at running interference for the 2nd largest donor to their beloved DNC. After all, its bad press to say democrats and Ukraine ran a laundering scheme to buy power by robbing the poor.
markets A firm will fail when it’s nothing more than a fraud/scam.
What a great con man a slime bag but a great con man
how is this guy not in handcuffs lol
I love the way all these news organizations are protecting that little crook which really they're protecting Biden and the misuse of the money going to Ukraine I hope it comes out sooner or later this kid Did not come up with this on his own who gave This
How is this man Free
If you give millions to democrats, then suddenly they just will not be able to recognize blatant fraud any more.
Scam
🤣🤣🤣
Give that young guy a free pass!
You forgot to mention how absurd his claim is given the fact he owns 90% of Alameda. A person who owns 90% of something can’t distance himself from it. You need to report the facts and stop kowtowing to this guy. This guy committed fraud and needs to be held accountable.
i thought he was a math genius. Of course he knows where every penny went
If he were a student who had crowd funded a new spectacular bicycle with promises to the depositors, and the project somehow got out of his hands, the explanations would sound quite probable.
Can’t believe you are still writing puff pieces
It is hard to distant oneself when you own 90% of such company.
Too busy to overeatch customers money, give man a break.
ffs
NEWS_MAKER Anyone losing on this deal? NOT the DNC/CONGRESS OVERSIGHT committee. He donated a lot those billions to them. Met w them.
They should put him in jail just for using the words, “brain cycles”.
“Arrest This Crook, Thief, Scam Artist Evertyone Involed, Move!
I dont know is not an excuse.
Or perhaps he 'failed' the same way that Bernie Madoff 'failed.'
Orange will be his 'new color' or will Corrupt DOJ' be directed by Biden Crime Family close ranks around this Punk ? Alameda is headed by another fantasy island child too , orange should work with her Harry Potter wand
LOCK HIM UP. LOCK HIM UP.
Arrest this hack
This guy is full off shait and he knows it. He is playing ignorant to avoid jail. You giving this criminal a platform for his bullshit is a total disgrace.
Nice American sociopath puff piece.
Way off brand for WSJ reporting of SBF. Obvious typo and WSJ likely meant “even though he “only” owned 90% of it.”
CROOK
😂
Who cares about these corrupt frauds? Ship em off to pedo island where they’re gonna end up anyways
he is trash
I'm not sure why so many people take this guy at face value. It is clear that he has misrepresnted himself, almost like a victim, but he is not the victim.
I don't know 😂😂😂😂
He's the Co-founder! Seriously? Blaming Alameda for their failed trades with other people's money? It makes me sick how people that know what's going on just play dumb. The whole bunch of crooks should go to jail. They knew what they were doing and had fun doing it.
Was allowed to distance himself... Fixed it for you guys. You're welcome
He admitted making a series of mistakes.
The crook, who had been laundering money (billions of USD) for the so-called “Dem Party”.
Poor guy!!!!!!
Prison
The only reason this criminal is not in jail is because he donated a lot of money to Democrats
Why hasn't this crook been arrested yet?
Pure BS
More hmmmmm
Lock him up
CRIMINAL!!!
He’s protected and knows it. Hopefully things will change like they did for Epstein but I doubt it.
“Why Isn’t This Man Already Not In Jail?
Alameda ... never heard of them
This lying douche is going to prison, where he will be the belle of the ball and have lots of potential suitors. SamBankmanFried criminal FTX Alameda_Research LiarLiar
And he was banging its CEO…
AlderLaneEggs digging deeper
This guy is so dishonest, entitled and incompetent.
In a leftists’ world, $10 billion lose to investors is a big yawn… 🥱 After all, they steal, lose billions from tax-payers every day and think nothing of it.
He stole it. This is what rich people do every day.
SBF statement must be investigated, we don’t believe he does not know where the money invested in his company went!
Why isn’t this fellow in an American jail? Madoff embezzled a LOT less money than this little entitled dimwit and he was processed through the legal system way faster. Just goes to show what donating large sums of money to the Democratic Party can do for you
SBF is a very smart crook! He must be prosecuted & lock up!
Why is this important? Isn’t the money laundering by US politicians more important? The people’s money matters!
Caroline the Bahamian - her affection was so intoxicating, she caused a global recession
He’s a fool to be doing these interviews now. He shouldbe doing these from prison.
So when does HE go to jail- and perhaps his connected parents
Puff piece made by weak soy boy beta cucks
How much money SBF pay and whoring out for this interview?
Watch the interview, when asked about the conflicting Ts&Cs he eerily smiles. Could it be good editing maybe. But watch aroun the 6.30 mark. What is this called again in psychology? When you got one over someone.
Not buying his story.
He’s still free at this point is amazing.
Dónde están los 1,000 millones de dólares? En cuenta del Partido Demócrata?
Listen To Crooks Speaking Raised By 'Law' Professors 😤?!.. You Get To Know The Finest Of Stones That Your Parents Were Cut Out Of ! 🙌
With $50-$100 million donated to the Democratic Party - Joe will order no charges for fraud to be brought against the ponzi schemer
The Wall Street Journal should be embarrassed by their coverage of this story. SBF stole billions and admits to not having an accountant on staff. If you manage billions, and you’re a billionaire, and you don’t have an accountant, I question that. He should have had 20 on staff.
And why he’s not jail? Friends at higher places?
How is he free?
Can you spell 'PATSY'?
Why has this criminal not been arrested
Another puff piece by the WSJ on this guy. They helped legitimize him and they are still soft on him. I remember when the WSJ was worth reading.
This just in; Ponzi-scheme genius doesn’t understand accounting, accountability, or the fact that he STOLE PEOPLE’s MONEY
Lies
Lock him up for fraud.
Yeah, and David Berkowitz wants to distance himself from his dog.
Omg, breaking news… WSJ is almost implying that the little hobbit may have lied
StockViz Nobody knows nothing FTX
Bankman will not be fried. Lies are truths and stupidity is knowledge.
What are we missing, is this not illegal, yet he continues to give interviews like a celebrity.
Doesn´t this interview fall under the medical confidentiality clause? 👩⚕️👨⚕️
People who own 90% of a company never know what's going on there.
Classic case study of schadenfreude
🤣🤣🤣🤣🤡🤡🤡🤡🤡
Very trump of him
Zero f..ks. put him inside forever.
Ima say that probably won't work as a defence.
He needs to be in jail. It's obvious larceny, fraud, and theft occurred.
How is this guy not locked up? partofthebidencrimefamily?
A lot of i dont know exactly wsj
Didn’t Charles Ponzi claimed the same that he had little insight? Basically, it’s going to be “the dog ate my homework” defense.
This is effing bullshit. Our government has failed us!
Why is this crook not in jail?
This dude is worse than Madoff, but treated with kids gloves. Wonder why?
He's ready to plea to a misdemeanor when he's committed a capital crime. Forgive the accounting pun I couldn't resist.
It was given to you corrupt democraps!!!
Bankman has all the answers. He’s too cute if you get my meaning. A shyster.
SHOW THE HUNTER BIDEN CASE as..s..h.ol....e twitterfiles
Woke fleeing.🤑
Losing credibility as fast as y’all can type
The guy is immoral - as us the DNC and Democrats today - they have lost the plot
His days as a freeman are numbered
When are they going to put these crypto kleptos in prison (where they belong)?
I can’t believe people are still under this grifters influence
🤣 outstanding
Uh huh
Only in America 🙈🤦🏻♀️🤦🏻♀️
Just try him in court for fraud and put him in a real prison with Epstein's cell mate.
SBF_FTX already has paid for his get-out-of-jail-free card. Why are y'all listening to these 'interviews' in the hope that he self-incriminates? It don't matter!!
He's a criminal that stole billions yet you cover for him... why?
sbf_ftx working to show lack of scienter for his misdeeds.
Keep printing lies.
He a lying piece of garbage that needs to go to jail, make some new friends. Then be asked again where the money went...
Criminal. Typical liberal.
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