Disgraced former FTX CEO Sam Bankman-Fried whined about the loss of his net worth and blamed others for the collapse of FTX in prepared testimony Tuesday to the House Financial Services Committee.
I fucked up. I know that it doesn’t mean much to say that I’m sorry. And so I’m dedicating as much of myself as I can to doing right by customers. When all is said and done, I’ll judge myself primarily by one metric: whether I have eventually been able to make customers whole. If I fail our customers in this regard, I have failed myself.
on fraud and other financial crimes, and whined he and other senior members of FTX cannot still access personal information as many people have lost unknown amounts of money on FTX:Today, I would be wrong to say that I have nothing: I have a loving family, and food on my plate,But last I saw, I believe my bank account had about $100k in it.
Bankman-Fried also took issue with the law firm Sullivan & Cromwell and other executives for pushing the company into Chapter 11 bankruptcy protection, which he believes was a mistake.
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