Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, is set to speak to Andrew Ross Sorkin at 5 p.m. Eastern time at the DealBook Summit. You can watch it here and follow along with live analysis by our reporters.
No questions will be off limits, and topics may include the collapse of the company, allegations of fraud and mismanagement and how Mr. Bankman-Fried intends to pay back customers, investors and creditors.
FTX was valued at $32 billion last month, but it all came apart since then. Mr. Bankman-Fried was forced to resign as chief executive and his company has filed for bankruptcy. It may owe money to more than a million people and organizations.
At a bankruptcy hearing last week, FTX lawyers said that a “substantial amount” of the company’s assets were missing or stolen and that the exchange had been run like Mr. Bankman-Fried’s “personal fiefdom.”
Sumber: www.nytimes.com
