"I've never opened the code for FTX": SBF has a long candid conversation with the vlogger
The disgraced former head of the world's second-largest cryptocurrency exchange tells his side of the story in candid but occasional interviews inarticulate.
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Former FTX head Sam Bankman-Fried (SBF) tapped cryptocurrency vlogger Tiffany Fong for a series of long and candid phone interviews. In the two interviews that had been posted on YouTube at press time, SBF addresses many of the key issues surrounding FTX's collapse.
The first interview was conducted on November 6 and posted on November 29 on YouTube. "I started trusting my instincts on things like that," SBF said, explaining why he picked the relatively unknown figure to talk to. Fong has less than 10,000 subscribers to his channel. "Here's someone who, like, will approach this from at least a somewhat neutral and interested perspective," he said of her. He continued:
“We, as a society, in my opinion, in my humble opinion, have spent enough time this week trying to determine if someone living in [the FTX residential facility in] Albany [Bahamas] is polyamorous [...] and the answer is too boring for people to believe.”
The recording started with SBF saying, "You don't get into the situation we got into if you make all the right decisions." Inspired by this, Fong began his interview by asking about the "backdoor" that allowed SBF to "execute commands that could alter [FTX] company's financial records without alerting others." /p>
SBF expressed surprise at the very idea. "And that's something I would do?" He asked. “What I can tell you is definitely not true. I don't even know how to code. […] I have literally never opened the code for any of the FTXs.”
This set the tone for the rest of the conversation, in which Fong politely asked tough questions and SBF responded with apparent openness.
SBF then commented on FTX's FTT coin. “I think it had real value. That being said, there are a few issues. […] It was f*****g embarrassing given my background. […] I think it was basically more legit than a lot of tokens in some ways. It was more economically backed than the average token,” he said.
“Illiquidity did not cause the crash,” SBF continued. It was more like "le mas...
The disgraced former head of the world's second-largest cryptocurrency exchange tells his side of the story in candid but occasional interviews inarticulate.
New
Former FTX head Sam Bankman-Fried (SBF) tapped cryptocurrency vlogger Tiffany Fong for a series of long and candid phone interviews. In the two interviews that had been posted on YouTube at press time, SBF addresses many of the key issues surrounding FTX's collapse.
The first interview was conducted on November 6 and posted on November 29 on YouTube. "I started trusting my instincts on things like that," SBF said, explaining why he picked the relatively unknown figure to talk to. Fong has less than 10,000 subscribers to his channel. "Here's someone who, like, will approach this from at least a somewhat neutral and interested perspective," he said of her. He continued:
“We, as a society, in my opinion, in my humble opinion, have spent enough time this week trying to determine if someone living in [the FTX residential facility in] Albany [Bahamas] is polyamorous [...] and the answer is too boring for people to believe.”
The recording started with SBF saying, "You don't get into the situation we got into if you make all the right decisions." Inspired by this, Fong began his interview by asking about the "backdoor" that allowed SBF to "execute commands that could alter [FTX] company's financial records without alerting others." /p>
SBF expressed surprise at the very idea. "And that's something I would do?" He asked. “What I can tell you is definitely not true. I don't even know how to code. […] I have literally never opened the code for any of the FTXs.”
This set the tone for the rest of the conversation, in which Fong politely asked tough questions and SBF responded with apparent openness.
SBF then commented on FTX's FTT coin. “I think it had real value. That being said, there are a few issues. […] It was f*****g embarrassing given my background. […] I think it was basically more legit than a lot of tokens in some ways. It was more economically backed than the average token,” he said.
“Illiquidity did not cause the crash,” SBF continued. It was more like "le mas...
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