Mystery continues to shroud the missing billions at the bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors.
In his first major public appearance since the Nov 11 implosion of FTX and its sister trading house Alameda Research, Bankman-Fried said he “screwed up” at the helm of what was the world’s second-largest crypto exchange. He said he should have focused more on risk management, customer protection and links between FTX and Alameda.
