Sam Bankman-Fried is now under arrest and won’t be making an appearance at Congressional hearings on the downfall of FTX but the Wall Street Journal acquired the full text (pdf) of his planned comments.
They contain the usual explanations for what was a fraud from the start but, looking ahead, the questions now are about rival Binance and SBF appears determined to take his rival down with him. He once again accused Binance of orchestrating the demise of FTX, which is ridiculous given that SBF blatant broke the law regarding the security of client funds.
But he had this to say on Binance:
There is much…
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