Founder of FTX: All US FTX platform users will get 100% of their funds back
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer Founder of FTX: All US FTX platform users will get 100% of their funds back
FTX cryptocurrency exchange founder Sam Bankman-Fred announced on Twitter that he was supposed to speak today, Wednesday, November 30, in his first public appearance at the New York Times annual DealBook Summit.
Already showing some of his interview, the interview reportedly took place five days after FTX filed for bankruptcy on November 11.
In this interview, Bankman can be heard giving some long speeches about refunds.
It is worth noting that Bankman has been expelled from the company’s operations and is no longer responsible for any FTX entities.
However, he said US FTX users will get 100% of their money back.
Read:After Receiving Over 266 Million XRP… The Ex-Ripple Founder Immediately Sells 30 Million XRP
He added in his phone interview:
If nothing happens, if I can do nothing again…FTX users will get every dollar for dollar, and FTX will get 25 cents for dollar.
He also added that filing for Chapter 11 bankruptcy was a mistake and that he would do anything if someone could undo it on his behalf.
During his interview when asked about bankruptcy, he said:
You can blame the fucking idiot you’re talking to for already filing that document, I should have said no…It was the right thing to do not file – I would have done anything to overturn that by now.
In his statement, which may sound like a joke, Bankman said:
Minutes after I filed for bankruptcy came $4 billion more in cash.
Even crypto enthusiasts refuse to believe Bankman’s words after all that has been revealed.
Read:Bitcoin Fear and Greed Index Returns to Neutral Zone for First Time in 17 Weeks
Amid all the criticism leveled at Bankman, Three Arrows co-founder Su Zhu has hinted at the possibility of his return as well.
Read also:
Brazil legalizes cryptocurrency as a means of payment
Binance acquires a Japanese trading platform and re-enters the Japanese market
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time