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The Guardian - US
The Guardian - US
Business
Dominic Rushe

Sam Bankman-Fried claims ‘I didn’t steal funds’ in first response to FTX case

Sam Bankman-Fried leaves federal court in New York City on 3 January.
Sam Bankman-Fried leaves federal court in New York City on 3 January. Photograph: Ed Jones/AFP/Getty Images

“I didn’t steal funds, and I certainly didn’t stash billions away,” the disgraced cryptocurrency boss Sam Bankman-Fried claimed on Thursday in his first detailed response to the criminal charges filed against him last month.

In a statement titled FTX Pre-Mortem Overview and published on Substack, Bankman-Fried said that millions of customers of FTX, his bankrupt exchange, could get their money back and that “very substantial recovery remains potentially available”.

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