Crypto: Ex-FTX boss 'deeply sorry' after platform goes bankrupt

The former boss and founder of the FTX cryptocurrency exchange platform said on Wednesday, November 30,

after the company went bankrupt.

,” Sam Bankman-Fried said in his first public interview since the FTX default.

Caught in a wave of panic that had prompted users to attempt to withdraw their funds from the platform en masse, FTX first suspended withdrawals, before being forced into bankruptcy on November 11.

"I was managing director of FTX, which means that whatever happens, I had an obligation to preserve the interests of shareholders and customers

," admitted the former manager, questioned as part of a

conference

.

,” continued the 30-year-old.

A fortune once estimated at 26 billion dollars

Sam Bankman-Fried is suspected of having used, with collaborators, funds deposited on the platform by FTX clients to carry out speculative financial transactions with his other company, Alameda Research.

If proven, these facts could lead to criminal prosecution.

," explained "SBF" about a possible court appearance.

He said he was more interested in

(his)

investors and customers of the platform.

By far the most prominent personality in the world of cryptocurrencies, Sam Bankman-Fried embodied for some the future of the sector.

A time credited with a fortune estimated at 26 billion dollars, entirely based on the valuation of FTX and Alameda, the young man lost everything with the bankruptcy of his platform.

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During the interview, Sam Bankman-Fried appeared overwhelmed by events and seemed to have only a very partial view of the underside of FTX's failure.

,” he said, even though he was its main shareholder.

, that is to say the amount borrowed from FTX, assured this graduate in physics from the prestigious Massachusetts Institute of Technology (MIT).