News

Sam Bankman-Fried Unmasked In Vox Interview

Former FTX CEO Sam Bankman-Fried has honestly shared his thoughts on the collapse of the crypto exchange FTX and its sister company Alameda.

According to a new article published by Vox, Sam Bankman-Fried appears as a completely different person, from thinking to actions that were hailed as “charity” before.

Calling this an “interview” is also incorrect because perhaps Vox’s reporter was so shocked with the information he read that he only dared to take a screenshot of the messages with Sam Bankman-Fried and post it, but not edited in a coherent way.

Vox reporter Kelsey Piper said she chatted via Twitter with Sam Bankman-Fried, who recently stepped down as CEO of crypto exchange FTX following the company’s bankruptcy. Piper said that Sam Bankman-Fried came to her to talk.

When asked if the efforts to build legal regulations in Washington D.C in the past time are real or just a PR trick, the former CEO of FTX admitted that it was all tricks to promote the name of the exchange, when asked if the exchange’s lobbying efforts had primarily focused on public relations, he responded, “f*ck regulators.”

Sam Bankman-Fried has always promoted himself as an “effective altruism,” thinking that he would do anything, regardless of morality, to become rich and then use the fortune. to serve the great interests of society. But he admits that’s not all.

Bankman-Fried stated on Twitter several hours after the interview’s release that he had spoken with a friend the night before and that the messages were not meant for public consumption.

Bankman-Fried also described his comments as thoughtless or overly strong after Vox published them.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns 

Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…

24 minutes ago

Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory

BTFD Coin is offering a chance to relive the glory days of meme coin investing,…

1 hour ago

Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties

Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…

2 hours ago

Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future

Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…

5 hours ago

Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town

Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…

11 hours ago

Crypto Market Outlook 2025 Key Factors to Watch

The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…

14 hours ago

This website uses cookies.