“I Wasn’t Running Alameda”- SBF

Former FTX CEO Sam Bankman-Fried claims that he didn’t knowingly mix funds in an interview at DealBook Summit.

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During the interview, SBF completely distanced himself from Alameda.

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He continuously said “I wasn’t running Alameda” and stated that he was nervous to be too involved because of the conflict of interest.

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SBF tried to escape the blame saying he hadn’t been thinking about its finances and making decisions.

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SBF further claims that he was not aware of the relationship depth between FTX and Alameda and said, “I didn’t know the size of their position”.

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He mentioned that it was a “failure of oversight” and also “a failure to appoint someone to be chiefly in charge of that”.

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Brian Sullivan, a Business Journalist at CNBC, tweeted that Sam during the interview put his ex-girlfriend Caroline Ellison and the Alameda hedge fund under many, many buses.

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