Sam Bankman-Fried is 'deeply sorry' for collapse in letter to FTX team

Permalink Report to webmaster

The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions."

Source: Cointelegraph.com News

#Business, #CryptocurrencyExchange, #Ftx, #SamBankmanfried, #Bankruptcy