Stuart Varney: Sam Bankman-Fried's 'apology tour' is not stopping the implosion of crypto infrastructure

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FOX Business' Stuart Varney discusses Sam Bankman-Fried's 'apology tour' and the negative impact it will have on the entire cryptocurrency business.

FOX Business host Stuart Varney argues Sam Bankman-Fried's media tour is 'undermining confidence' in the cryptocurrency business.Sam Bankman-Fried as he scrambles to "explain away the juvenile lunacy," arguing the founder's "apology tour is not stopping the implosion of crypto infrastructure."Sam Bankman-Fried is a charlatan. He is now on an apology tour, trying, somehow, to explain away the juvenile lunacy known as FTX. It won't work.

He says he "didn't knowingly" play fast and loose with billions in customer funds. He didn't "knowingly commit fraud."FOX Business' Stuart Varney discusses Sam Bankman-Fried's apology tour. Today we hear he claims to have "miscounted" $8 billion in customer funds. What on earth does "miscounted" mean? How do you "miscount" $8 billion!s revealed that crypto broker genesis owes Gemini’s investors $900 million. Not exactly household names are they, but the losses are huge.

 

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Like the nightmare of Executive Order 14067.

I hate crypto. A dangerous non- asset.

My question is why haven't the politicians given back the money? It's not their money to give to charities; it's the investors money that was stolen from them. What are the politicians trying to hide

It's a ploy to save his ass that's all. He's not sorry one bit other than being sorry he got caught. He should already be in custody and should get the same as Madoff did for his ponzi scheme 💯 dudes a fucking dirtbag and he and the crew were 'mething' around with the dust 🤦‍♂️

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