by

Sam Bankman-Fried ‘deeply sorry’ for FTX collapse — but blames bankruptcy filing

Disgraced FTX founder Sam Bankman-Fried told former employees he is “deeply sorry” about the implosion of his crypto exchange — but continued to point the finger at the company’s bankruptcy filing, insisting that he could have saved the platform if given enough time.

“I feel deeply sorry about what happened. I regret what happened to all of you,” Bankman-Fried — who reportedly purchased hundreds of millions of dollars worth of pricey real estate in the Bahamas, even as he claimed to champion “effective altruism” — told his employees in the letter.

“I didn’t mean for any of this to happen, and I would give anything to be able to go back and do things over again,” the 30-year-old Bankman-Fried wrote. “You were my family. I’ve lost that, and our old home is an empty warehouse of monitors.”

Read Full Story

Comment

Leave a Reply

Your email address will not be published. Required fields are marked *