
Sam Bankman-Fried, or SBF, defended himself against accusations of fraud on Wednesday in his first live interview since his $32 billion cryptocurrency exchange, FTX, collapsed earlier this month.
“I didn’t ever try to commit fraud,” Bankman-Fried told reporter Andrew Sorkin at the New York Times Dealbook Summit. “I was excited about the prospects of FTX a month ago. I saw it as a thriving, growing business. I was shocked by what happened this month. And, reconstructing it, there are things that I wish I had done differently.”