Former FTX CEO Sam Bankman-Fried has revealed that he now has $100,000 in his personal bank account after once being valued at $26.5 billion, a report says.
IDX Digital Assets chief investments officer Ben McMillan discusses Sam Bankman-Fried speaking at the New York Times conference amid FTX fallout.has revealed in an interview this week that he only has $100,000 left in his bank account.
The 30-year-old made the remark after once being valued at a staggering $26.5 billion, according to Axios. reportedly told Axios after being asked about his finances. "I mean, I have no idea. I don't know. I had $100,000 in my bank account last I checked." "It's complicated. Basically everything I had was just tied up in the company," Bankman-Fried added. Sam Bankman-Fried, co-founder and former chief executive officer of FTX, in Hong Kong, China, on May 11, 2021.
Bankman-Fried told Axios that during his time in charge of FTX, "There's certainly an extent to which that I wish there had been someone who wasn't me who was in charge of managing conflicts of interest." Sam Bankman-Fried, founder and former chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks in New York on Aug 17, 2022.
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