Federal Prosecutors Open Criminal Investigation Into Disgraced FTX Founder Sam Bankman-Fried

  • The disheveled 30-year-old went from boasting a $15.6 billion net worth to having “no material wealth” over the span of approximately two days.
  • When asked late last month during an interview with CNBC’s Andrew Ross Sorkin at the Dealbook Summit whether he had ever lied during his time at FTX, Bankman-Fried responded, “I don’t know of times when I lied, I think, look, there are certainly times when I was acting as a, um, as a representative, as a marketer for FTX.”
  • “I didn’t ever try to commit fraud on anyone,” Bankman-Fried claimed. “I saw it as a thriving business and I was shocked by what happened this month.”
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