Sam Bankman-Fried updates investors: ‘We got overconfident and careless,’ claims $13B leverage

“I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy.

Source: Cointelegraph.com News

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

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