Wednesday, November 30, 2022

 Sam Bankman-Fried Blames ‘Huge Management Failures’ for FTX Collapse

 Sam Bankman-Fried Blames ‘Huge Management Failures’ for FTX Collapse
Mr. Bankman-Fried spoke at The New York Times’s DealBook conference, in his first public appearance since his crypto exchange imploded. 

Transcript of Sam Bankman-Fried’s Interview at the DealBook Summit

In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.

Why the Crypto Crash happened