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Fortune
Fortune
Chris Morris

FTX founder Sam Bankman-Fried says he was "shocked" at how fast things unraveled

(Credit: Jeenah Moon—Bloomberg via Getty Images)

Hours after he resigned as CEO of crypto exchange FTX and entered the business into bankruptcy proceedings, Sam Bankman-Fried offered another apology to investors and customers while saying he remains optimistic about the company's future. But he also said he was as “shocked” as anyone at how quickly things fell apart.

In a statement on Twitter, Bankman-Fried, who goes by SBF, said “I'm really sorry, again, that we ended up here. Hopefully things can find a way to recover.”

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