FTX founder Sam Bankman-Fried denies 'improper use' of customer funds | GMA

Published 2022-12-01
The former FTX CEO spoke to George Stephanopoulos and ABC News following both companies in his cryptocurrency empire filing for bankruptcy last month.

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#cryptocurrency #ftx #sambankmanfried #bankruptcy

All Comments (21)
  • My brain hurts from watching this. It's like watching a young man telling his parent that he didn't take the cookie out of the cookie jar while holding the cookie.
  • @drneal
    This interview is a great example of how lying is way more difficult than simply telling the truth.
  • @laportafrank
    I’m glad this Sam Bankman-Fried got his justice. This case made me sick. He ruined other people’s life savings. And now we have a major precedent for anti-fraud in crypto.
  • @normbograham
    I have the vague feeling, he looked at the 2007 housing crisis and said, hey, I can repeat this without anyone going to jail. And he forgot he was not a bank, not the government.
  • @jmcqueen3454
    If he doesn’t wind up in jail for decades we have no justice system
  • Prime example of someone who’s been coddled their whole life and the thinks they can get away with absolutely anything based off of this upbringing
  • If someone gave him a dollar for each time he said ‘you know’ in this interview, he could pay off all of his creditors.
  • This guy is still lying through his teeth and you'd have to be blind not to see it
  • If I were his lawyer I would advise him not to speak to anyone. He is literally digging his grave by himself.
  • @jaydenp.6243
    This guy is really good at creating elaborate answers, they are complicated in a way that's hard to understand to the point that I wouldn't even care to follow up, which I'm sure many did the same.
  • @weisoman5323
    "What happened, happened" is what you say when you get a speeding ticket. Not when you lose 30 billion
  • @Tummie39
    This dude is a lot smarter than most people think he is. After his interview, he was able to convince quite a few people into believing that he was just negligent.... He's a master of manipulation....
  • @MrZZooh
    This kid inspires me. He should serve as a true role model for our kids today. The more genius looking scammers the merrier.
  • Both his University Professor parents must be proud to have given their son the academic standing to become a world wide snake-oil salesman. There is no prison term that can offset the damage he has done to customers who trusted him with their life savings which is now gone.
  • The reporter is asking if FTX user funds were borrowed by Alameda Research and Sam is talking about the borrowing feature for margin trading on FTX.. these are vastly two different concepts.
  • I’m absolutely amazed they left the comments on for this. It’s insane how he tries to side step questions and literally talk/whispers to himself
  • This is INSANE.... George nailed this interview!!! Thanks for holding this kid's feet to the fire dude! 🔥🔥 Wow