Fisking SBF’s mea culpa I’M NOT A GOOD DEV . . . ”
FTX’s Sam Bankman-Fried has resurfaced after a short silence, which in the era of 24-hour trading and billionaire-owned rumour mills counts as a very long silence.
SBF said he’s sorry in a 21-tweet thread. There’s a lot of talk about responsibility, transparency, and so on. He also had a salty message for Binance chief CZ, who kicked off this whole mess.
But that’s not nearly as newsworthy as FTX starting to allow some withdrawals. This could either be good news or very very problematic! While we wait for the dust to settle, we can look at hints that SBF gives about what happened at FTX this week, and why.
This story originally appeared on: Financial Times - Author:Alexandra Scaggs