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Tribune News Service
Tribune News Service
National
Joseph Wilkinson

FTX’s Sam Bankman-Fried launches newsletter to defend himself: ‘I didn’t steal funds’

FTX Sam Bankman-Fried Alameda Crypto Cryptocurrency

Disgraced cryptocurrency CEO Sam Bankman-Fried launched a newsletter Thursday in his latest attempt to defend himself.

Bankman-Fried, founder of the now-bankrupt crypto exchange FTX, wrote on his new Substack, “I didn’t steal funds, and I certainly didn’t stash billions away.”

The 30-year-old executive was charged in December with leading “one of the biggest financial frauds in American history.” He posted $250 million bail and was placed under house arrest at his parents’ home in the San Francisco Bay Area.

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