Sam Bankman-Fried said he “never tried to commit fraud” while admitting he made “a lot of mistakes” ahead of the collapse of his $32bn cryptocurrency empire, which inflicted significant financial losses on users of his popular FTX trading platform.
The founder of the now-bankrupt crypto exchange FTX denied “knowingly” commingling customer funds with those held by Alameda Research, his proprietary trading group.
“Clearly, I made a lot of mistakes or things I would give anything to be able to do over again,” Bankman-Fried said during an interview at The New York Times Dealbook summit.
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