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Sam Bankman-Fried (SBF) and the collapse of FTX, which caused billions in losses for users of the cryptocurrency exchange platform, continue to cause controversy.
SBF showed up on Wednesday at an event hosted by The newspaper “New York Timeswhere he tried to defend himself.
SBF doesn’t know who stole $515 million
Former billionaire says he doesn’t know who transferred $515 million from user accounts to FTX.
The mysterious transfer took place on November 12, the day after FTX declared bankrupt.
John J. Ray III, appointed CEO to oversee the bankruptcy proceedings, confirmed that “unauthorized access to assets” had taken place.
As he assured Sam Bankman-Friedhe no longer had access to the security systems FTX at the time, although it indicated that some employees and regulators were moving assets.
In the case of workers ftx.us, believes that these were measures to “ensure the safety of assets and transfer them to the custody of the company.”
Source: RPP
I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.