Friday, March 24, 2023

“I didn’t hide billions”

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Accused crypto juggler Bankman-Fried pleads innocent

“I didn’t hide billions”

Sam Bankman-Fried has been charged with fraud in the crypto exchange bankruptcy case. He commented on the allegations on his blog. And particularly blackens his ex-girlfriend.


Sam Bankman Fried. The founder of the bankrupt crypto exchange FTX defends himself against allegations of fraud in a public blog.


Jean Claude RaemyEditor Economics

What was he thinking? Sam Bankman-Fried (30) comments on his Substack platform in detail about the allegations and charges against him – well aware that anything written can be used against him in court.

Specifically, Bankman-Fried is accused of fraud in connection with the bankruptcy of the crypto exchange FTX he founded. He has already pleaded not guilty, was extradited from the Bahamas to the United States, and is awaiting trial there in house arrest with his parents. This should start in October. It was recently announced that five billion dollars in assets were found on FTX, including cash.

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