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Fortune

Business

Steve Mollman

Sam Bankman-Fried’s ‘I screwed up’ messaging is about lawsuits and penalties vs. jail, says U.S. securities lawyer

Sam Bankman-Fried James Murphy FTX Crypto DealBook

(Credit: Thos Robinson—Getty Images for The New York Times)

FTX founder Sam Bankman-Fried went on an “I screwed up” media blitz this week, highlighted by his video appearance at the New York Times DealBook summit on Wednesday and continuing into the Sunday talk shows.

U.S. securities lawyer James Murphy, speaking to CNN’s Quest Means Business on Thursday, said Bankman-Fried “did a very good job of sticking to his talking points.”

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