Fun

New FTX CEO Says Sam Bankman-Fried Does Not Speak on Firm’s Behalf, After SBF’s Candid Interview With Vox

News Feed - 2022-11-17 11:11:28

New FTX CEO Says Sam Bankman-Fried Does Not Speak on Firm’s Behalf, After SBF’s Candid Interview With Vox


Following the former FTX CEO Sam Bankman-Fried’s (SBF) interview with the New York Times and several direct text messages with Reuters, SBF recently did a much longer and more candid interview with Vox journalist Kelsey Piper. After the interview done via Twitter direct messages, the current FTX chief restructuring officer and CEO John Ray explained that SBF has no ongoing role at FTX International, FTX US, or Alameda Research. Ray further stressed that the former FTX CEO “does not speak on their behalf.” SBF: ‘This Dumb Game We Woke Westerners Play’


FTX’s former executive Sam Bankman-Fried (SBF) had a little more to say after telling the New York Times that he was sleeping better and playing video games to clear his mind. In a recently published interview stemming from the news publication Vox, SBF spoke with the reporter Kelsey Piper. “I didn’t want to do sketchy stuff, there are huge negative effects from it and I didn’t mean to,” SBF said. The FTX co-founder added: Each individual decision seemed fine and I didn’t realize how big their sum was until the end.


After the article was published, however, SBF tweeted that the direct message (DM) conversation was never meant to be public. “Last night I talked to a friend of mine,” SBF said. They published my messages. Those were not intended to be public, but I guess they are now.” The former FTX CEO also detailed that “problems were brewing” at FTX that were “larger” than he realized.


In the Vox interview with SBF’s so-called friend Piper, the Vox reporter commented that SBF “was really good at talking about ethics, for someone who kind of saw it all as a game with winners and losers.” SBF responded and said: Ya, hehe, I had to be. It’s what reputations are made of, to some extent. I feel bad for those who get f***ed by it. By this dumb game we woke westerners play where we say all the right shiboleths and so everyone likes us.


When the reporter asked about regulations and political lobbying, SBF said “F*** regulators,” and further insisted that they “make everything worse.” Vox published the article at 3:20 p.m. (ET) on Wednesday afternoon and a statement from FTX’s current chief restructuring officer and CEO John Ray followed the published interview. The message from Ray was published via FTX’s official Twitter account at 3:59 p.m. (ET).


The tweet said: “Statement from John Ray, chief restructuring officer and CEO of [FTX], regarding Mr. Bankman-Fried’s recent public statements: As previously announced, Mr. Bankman-Fried resigned on November 11 from [FTX International], FTX US, Alameda Research Ltd. and their directly and indirectly owned subsidiaries. Mr. Bankman-Fried has no ongoing role at [FTX International], FTX US, or Alameda Research Ltd. and does not speak on their behalf.”


Vox journalist Piper said she reached out to SBF via Twitter’s DM feature on Nov. 13, days after the company had filed for bankruptcy on Nov. 11, 2022. The former FTX CEO has been tweeting a lot more and simply claims he got in over his head. SBF may have a lot more stories to tell to reporters at the New York Times and Vox, but according to FTX’s restructuring officer Ray, the former exchange executive doesn’t speak for what’s left of FTX’s remains. Tags in this story Alameda Research, Bankman-Fried, Binance, chief restructuring officer, CZ, direct messages, DM Twitter, FTX CEO, FTX Sam Bankman-Fried, FTX’s official Twitter, interview, John Ray, Kelsey Piper, New York Times, problems were brewing at FTX, Regulators, sbf, Twitter, Vox Reporter, woke westerners


What do you think about FTX’s former CEO SBF’s statements to the Vox reporter Kelsey Piper? Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Binance CEO CZ Calls SBF a "Psychopath," 3AC Co-Founder Accuses FTX, Alameda of Stop Hunting His Hedge Fund NEWS | 6 hours ago Sam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed NEWS | 8 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleBitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data Next articleSensorium Teams Up With Polygon Studios to Accelerate The Development and Adoption Of Web3 Projects Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItRipple CEO: SEC Lawsuit Over XRP "Has Gone Exceedingly Well"


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design

News Feed

Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro
Analyst Says SUI Price Could Fall To $1.6 — Here’s Why
Este artículo también está disponible en español. The SUI price registered its best seven-day performance yet — in 2025 — over the past week. However, the altcoin has
FTX Customers File Class Action to Claim Assets Within Bankruptcy Case
FTX Customers File Class Action to Claim Assets Within Bankruptcy Case A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent
Felix Ng7 hours agoDear crypto writers: No one wants to read your ChatGPT-generated trashOpinion: If you used ChatGPT to write an article, do us all a favor and delete it. None of us want to read it.706 Total views14 Tot
Binance returns to India as registered crypto exchange following 7-month ban
Arijit Sarkar2 hours agoBinance returns to India as registered crypto exchange following 7-month banBinance returns to India after registering with the FIU-IND, marking its “19th global regulatory milestone.”662 Tota
MicroStrategy raises convertible notes offering to $700M amid stock rally
Zhiyuan Sun6 hours agoMicroStrategy raises convertible notes offering to $700M amid stock rallyThe firm had previously announced a $600 million convertible raise on March 4.1390 Total views42 Total sharesListen to articl
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Below Key Resistance Levels
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Below Key Resistance Levels Following strong gains during Wednesday’s session, bitcoin and ethereum both saw price
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejecte
Shiba Inu Flashes Rare Bullish Reversal — Is A 570% Move To $0.000081 Possible?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Amaka Nwaokocha13 hours agoMeta faces legal scrutiny as AI advancements raise concerns over child safetyConcerns for child safety come amid rapid artificial intelligence advancements involving text and generative AI.915
Ana Paula Pereira5 hours agoBuenos Aires to issue blockchain-based digital IDThe first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic ve
Metamask Wallet Users Warned to Be on the Lookout for Address Poisoning Attacks
Metamask Wallet Users Warned to Be on the Lookout for Address Poisoning Attacks To avoid becoming victims of an address poisoning attack, Metamask wallet users should ditch the pra