{"id":156812,"date":"2023-09-16T01:28:33","date_gmt":"2023-09-15T19:58:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=156812"},"modified":"2023-09-16T01:28:33","modified_gmt":"2023-09-15T19:58:33","slug":"sam-bankman-fried-says-i-did-what-i-thought-was-right-in-leaked-docs-report-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/sam-bankman-fried-says-i-did-what-i-thought-was-right-in-leaked-docs-report-crypto-news\/","title":{"rendered":"Sam Bankman-Fried says, \u2018I did what I thought was right,’ in leaked docs: Report – Crypto News"},"content":{"rendered":"
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Former FTX CEO Sam Bankman-Fried<\/a>, facing multiple criminal charges related to alleged misuse of user funds, reportedly denied many of the allegations against him in documents containing a draft of a thread on X (formerly Twitter) that he never posted.\u00a0<\/p>\n

According to a Sept. 14 report from The New York Times, documents provided by crypto influencer Tiffany Fong revealed<\/a> details about Bankman-Fried\u2019s life while under house arrest as well as his thoughts on the legal team handling FTX\u2019s bankruptcy case. The former CEO, who also goes by SBF, reportedly drafted a roughly 15,000-word X thread but never posted it to the social media platform.<\/p>\n

\u201cThere will probably never be anything I can do to make my lifetime impact net positive,\u201d said Bankman-Fried, according to the report. \u201c[T]he truth is that I did what I thought was right.\u201d<\/p>\n

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“The truth is that I did what I thought was right.” Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, wrote a 15,000-word Twitter thread he never posted. Here’s what it said. https:\/\/t.co\/2C2fCsOSmS<\/a><\/p>\n

\u2014 The New York Times (@nytimes) September 14, 2023<\/a><\/p><\/blockquote>\n

The drafted posts reportedly contained personal information about SBF\u2019s personal relationship with former Alameda Research CEO Caroline Ellison, who will testify in his criminal trial starting in October. The drafts claimed Ellison had refused SBF\u2019s requests to stop Alameda\u2019s trading hedges, resulting in him sending a message with \u201cthe meanest thing I\u2019ve ever said to her.\u201d<\/p>\n

Bankman-Fried has not tweeted anything on X since January, though he likely still has access to the platform and internet access while preparing for his criminal trial. SBF has been largely confined to the Metropolitan Detention Center in Brooklyn following a federal judge revoking his bail and $250 million bond as a result of allegations regarding witness intimidation.<\/p>\n

Related: <\/em><\/strong>Caroline Ellison\u2019s list of \u2018Things Sam Is Freaking Out About\u2019 could be used in trial<\/em><\/strong><\/a><\/p>\n

Prior to his bail being revoked<\/a>, Bankman-Fried had been largely staying in his parents\u2019 California home for roughly eight months \u2014 which is when the drafted tweets were reportedly written. It\u2019s unclear if the documents are already in the hands of prosecutors or will be used during either of his two criminal trials, with the first scheduled to begin on Oct. 3. SBF faces 12 counts related to fraud at FTX and Alameda.<\/p>\n

Ellison, in addition to former FTX Digital Markets co-CEO Ryan Salame, FTX co-founder Gary Wang and former FTX engineering director Nishad Singh, have already pleaded guilty<\/a> to similar fraud charges. Bankman-Fried has pleaded not guilty to all counts.<\/p>\n

Magazine: <\/em><\/strong>Can you trust crypto exchanges after the collapse of FTX?<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Former FTX CEO Sam Bankman-Fried, facing multiple criminal charges related to alleged misuse of user funds, reportedly denied many of the allegations against him in documents containing a draft of a thread on X (formerly Twitter) that he never posted.\u00a0 According to a Sept. 14 report from The New York Times, documents provided by crypto […]<\/p>\n","protected":false},"author":2,"featured_media":156813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-156812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=156812"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156812\/revisions"}],"predecessor-version":[{"id":156815,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156812\/revisions\/156815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/156813"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=156812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=156812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=156812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}