Sam Bankman-Fried, former CEO of FTX, is certainly a name that stood out in 2022 with the FTX crash. Amid numerous accusations, recently leaked documents shed new light on his perspective on recent events.
According to the documents, which came to light through influencer Tiffany Fong, Bankman-Fried, commonly called SBF, prepared an extensive thread on X, the successor to the old Twitter, with almost 15,000 words. However, this manifestation was never posted, leaving followers and crypto enthusiasts with only reports and assumptions.
Within these records, Sam is clear in defending himself: “I did what I thought was right,” he declared. For him, his decision and actions were guided by what he believed to be the best path, even in the face of such a turbulent scenario and full of opposing opinions.
“The truth is that I did what I thought was right.” Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, wrote a 15,000-word Twitter thread he never posted. Here’s what it said. https://t.co/2C2fCsOSmS
— The New York Times (@nytimes) September 14, 2023
The complexity of the situation is not just limited to FTX and the alleged misuse of funds. There are also details about SBF’s personal relationship with Caroline Ellison, former CEO of Alameda Research. Records show that there was an attempt by Bankman-Fried to request that Ellison interrupt certain Alameda operations, which culminated in tension and outbursts between them.
In the heart of the storm, Sam seems to try to protect his integrity and make it clear to the public, and especially to himself, that his actions were taken with conviction and honesty. With the trial scheduled to begin in October, everyone is waiting to see how this story unfolds.
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