Unreachable? Sam Bankman-Fried, the former CEO of the defunct FTX, continues to meet his social obligations. He will speak at the New York Times’ Dealbook Summit conference, which will take place next week. A casualness which of course raises questions, while the FTX scandal is still ongoing, and the man has confessed to having embezzled billions of dollars in client funds.
Sam Bankman-Fried at the Dealbook Summit
Most entrepreneurs who see their empires crumble and their creditors claim billions of dollars are rather discreet. But not Sam Bankman-Fried. Like a prancing Do Kwon after the fall of Terra, the ex-CEO of FTX seems unaware of investor anger.
He thus maintained his scheduled speech at the Dealbook Summit conferencewhich will take place on November 30 in New York:
— SBF (@SBF_FTX) November 23, 2022
We imagine that he will intervene by videoconference, but nothing is certain as the ex-billionaire seems casual. For his part, Andrew Sorkin, the journalist who will interview him, confirmed their interviewwithout specifying what its nature will be:
The answer is yes. 👇
There are a lot of important questions to be asked and answered.
Nothing is off limits.
Looking forward to it… https://t.co/lShAqXLKGS
—Andrew Ross Sorkin (@andrewrsorkin) November 23, 2022
“There are many important questions to ask, as well as answers to give. Nothing is off limits.»
👉 To go further – Follow our live on the collapse of the FTX platform
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An indecent interview according to the community
In any case, Sorkins pulls off quite a publicity stunt for the conference, of which he is the co-founder. But that’s not necessarily to the liking of the crypto community, which is outraged that Sam Bankman-Fried is invited. Especially since his presentation on DealBook’s Twitter account is particularly positive :
Since Sam Bankman-Fried launched the company FTX, its executives and its philanthropic arm spent or pledged hundreds of millions of dollars in political and charitable contributions, consulting fees, investments in media outlets and real estate. https://t.co/3ad8otbYPd
—DealBook (@dealbook) November 23, 2022
“Since Sam Bankman-Fried started FTX, its executives and philanthropic arm have spent or pledged hundreds of millions of dollars for political and charitable contributions.»
The sentence is incomprehensible to part of the community, after SBF himself admitted that his charities were only a “front”. A point that Elon Musk did not fail to raise, who considers the presentation as “one of the greatest failures in journalistic integrity in the United States in the 21st century“.
—Frank Chaparro (@fintechfrank) November 24, 2022
Recall that Sam Bankman-Fried confessed to using billions of dollars in client funds to bail out Alameda Research, the FTX-linked investment firm. At this point, users of the exchange platform still have their holdings blocked. SBF’s intervention at this conference therefore raises major questions, and should be closely monitored.
👉 Read also – Is Apple planning to release a film on Sam Bankman-Fried and the FTX affair?
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Source: Sam Bankman-Fried via Twitter
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