In defensive interview, Sam Bankman-Fried claims he's broke and committed no fraud

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'Sam is delusional about what happened and his culpability in it,' Michael Novogratz, CEO of Galaxy Digital, says of Sam Bankman-Fried and FTX.

"The time that I really knew there was a problem was Nov. 6," Bankman-Fried said, after Alameda's sizable FTT position was exposed by Coindesk. "When we looked at that, there was a potential serious problem."

"I was nervous [when] the Alameda balance sheet" was exposed by Coindesk, Bankman-Fried said, but expected the damage was going to be limited to Alameda, not an "existential" crisis for FTX."I wasn't running Alameda, I didn't know exactly what was going on, I didn't know the size of their position," Bankman-Fried said. "A lot of these are things I've learned over the last month [in the days leading up to bankruptcy.

 

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This you

Novogratz is spot on

Sorkin is a DNC shill, what a joke of a interview with Sam.

Sam’s a criminal!

novogratz is a scammer also

Sorkin hates Elon, and anything conservative

Thank you at least someone is publicly saying this idiot needs to be prosecuted. Without a doubt.

hahahaha say the guy with a luna tatoo

one of the better takes on FTX

Wait til y’all get wind of that twitter space that just transpired

yedeyEsp Hey, novogratz, Sam did NOT go to the best university in the country. We did.

Right assessment

Guy has a tattoo of Luna on his arm, shut up haha

andrewrsorkin continues to embarrass himself by trying to defend his interview of SBF. cnbc would do well to part ways with Sorkin who’s proven time and time again that he’s nothing more than an activist mascarading as a journalist.

So was Elizabeth Holmes and Trevor Milton and Lance Armstrong

At best. More likely though, quite lusional, above average.

Honestly, why does CNBC keep having this guy on? He has shilled multiple crypto Ponzi schemes that have collapsed and ruined everyone who listened to him. Can’t believe CNBC is using him as an authoritative figure on crypto fraud. He is one of the biggest frauds himself.

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