Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’ – Bitcoin News

On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the crypto exchange’s downfall. SBF told the Dealbook Summit host that he was “deeply sorry about what happened” and further stressed that he “didn’t knowingly co-mingle funds.”

NYT Dealbook Summit Host Andrew Ross Sorkin Questions Sam Bankman-Fried, Former FTX CEO to Appear on Good Morning America

FTX co-founder and former CEO Sam Bankman-Fried (SBF) sat down for a long interview with Andrew Ross Sorkin, the host of the New York Times’ (NYT) Dealbook Summit. SBF’s Dealbook appearance followed the SBF interview published the day prior with crypto supporter and reporter, Tiffany Fong. Appearing virtually at the NYT conference, SBF was asked whether or not he was worried about criminal charges being brought against him.

“There’s a time and a place for me to think about myself and my own future,” SBF told the NYT Dealbook event host. “I don’t think this is it.” The former FTX CEO explained that he was still located in the Bahamas and that coming back to the U.S. has crossed his mind. “I’ve thought about coming to the U.S.,” the former FTX executive said.

I can’t even begin to explain the vibes of this SBF interview at DealBook pic.twitter.com/uziar5K4bl

— nilay patel (@reckless) November 30, 2022

As far as his net worth, SBF said there are no hidden funds, he has “close to nothing” left and he was down to a single credit card. Sorkin asked when SBF realized things were going downhill and SBF replied it was Nov. 6 and at that point “we were putting together all the information.”

As far as Alameda Research is concerned, SBF seemed to shift the blame away from his role by insisting he “didn’t know the size of their position.” “I wasn’t running Alameda,” SBF said fidgeting in his chair. “I didn’t know exactly what was going on.” In the interview, SBF told Sorkin that he thought it was possible FTX customers could get their money back and cited how Bitfinex made customers whole after the exchange was hacked in 2016.

“I obviously wish that I spent more time dwelling on the downsides and less time…