Sam Bankman-Fried will appear in public on November 30

Former FTX CEO Sam Bankman-Fried said he will still attend the DealBook conference organized by the New York Times on November 30.

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Update:

In an interview with  TheBlock , the DealBook organizer said it was highly likely that Mr. Sam Bankman-Fried would attend the conference via online video, rather than appear in person.

Original post:

Speaking on Twitter at dawn on November 24, former FTX CEO Sam Bankman-Fried – the most controversial figure in the crypto industry at the moment – ​​announced that he would still attend the DealBook conference on November 30 in Ho Chi Minh City. New York City. Bankman-Fried cited a Twitter post that quoted him as saying that he could have raised more money to save FTX from collapse, but pressured him to sign the bankruptcy document. floor.

 

This is Sam Bankman-Fried's first statement since being "unmasked" in an interview with Vox on November 17, in which the former FTX CEO acknowledged his philanthropic activities and reached out to authorities. The floor's management are all "PR ploys", while insulting financial managers.

According to the conference's website, Dealbook will have the participation of many famous figures in the political and business world, including Ukrainian President Volodymyr Zelensky, US Treasury Secretary Janet Yellen, Meta CEO Mark Zuckerberg, former Vice President. US Mike Pence, BlackRock CEO Larry Fink, TikTok CEO Shou Chew and New York City Mayor Eric Adams.

 

On Twitter, many in the crypto investment community are disgruntled with the fact that Sam Bankman-Fried is still welcome at the DealBook conference as a speaker after the recent collapse of FTX – Alameda and A series of violations were discovered later. Not only that, the former CEO of FTX in recent years has been constantly "hidden" by many major US newspapers, reporting that the bankruptcy of FTX is due to market risks, and at the same time praising the charity's activities. Sam Bankman-Fried without a mention of fraud and fraud allegations.

In statements since the collapse of FTX, former CEO Sam Bankman-Fried also only said that he had failed to effectively manage the exchange, but never once mentioned cheating with Alameda to invest. customer deposit, there is a back door mechanism to withdraw money or other mistakes.

The Twitter community thinks that Sam Bankman-Fried should now be detained pending investigation, instead of remaining free at FTX headquarters in the Bahamas. Meanwhile, Tornado Cash developer Alexey Pertsev has been arrested without trial for nearly half a year.

According to some sources, Mr. Sam Bankman-Fried on November 23 was photographed still living in his most luxurious villa in the Bahamas, with the appearance of his parents. The Bankman-Fried family is said to have acquired many properties in the Bahamas with values ​​up to hundreds of millions of dollars.

 

It remains to be seen whether Sam Bankman-Fried will appear in New York on November 30, and whether US legal authorities will take action against this person once he enters the US.

FoxCryptoNews summary


Nov 24, 2022

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