Daily News

Fallen Crypto Billionaire Sam Bankman-Fried To Face Flurry Of Difficult Questions At DealBook Summit: ‘Nothing Is Off Limits’

A lot of people are seeking answers from fallen cryptocurrency billionaire Sam Bankman-Fried — and they won't have to wait much longer.

What To Know: Bankman-Fried, who is the co-founder and former CEO of FTX, took to Twitter last week to announce that he will be speaking with New York Times journalist and CNBC co-anchor Andrew Ross Sorkin at the DealBook Summit on Wednesday.

Sorkin confirmed the news via a separate tweet shortly after. 

"A lot of folks have been asking if I would still be interviewing @SBF_FTX at the @nytimes @dealbook Summit on Nov 30… The answer is yes," Sorkin said.

"There are a lot of important questions to be asked and answered. Nothing is off limits."

Why It Matters: The collapse of FTX had a ripple effect on the entire crypto industry as a result of what appears to be reckless management practices and potential fraud. Several firms have since filed for bankruptcy and crypto markets continue to slide, led by declines in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

While investors face harsh realities related to the FTX fallout, Bankman-Fried, better known as "SBF," appears to be hanging out in the Bahamas, sharing his thoughts in long twisted Twitter threads and making arrangements to speak at upcoming financial conferences. 

Check This Out: Sam Bankman-Fried, You Are Invited to Speak At Benzinga's Future of Crypto on December 7th

Although SBF has not responded to his invitation to attend Benzinga's "Future Of Crypto" event, he has confirmed his appearance at the DealBook Summit and will speak with Sorkin sometime during the full-day event that features top business and policy leaders.

"The conversations this year will address the complicated, turbulent global landscape and seek to find solutions for the future of business, tech, policy and more," Sorkin said.

See Also: Bankrupt BlockFi Sues Sam Bankman-Fried Over Robinhood Shares Pledged As Collateral

Photo: FTX Bankruptcy from flickr.

What's your reaction?

In Love
Not Sure

Leave a reply

Your email address will not be published. Required fields are marked *

Next Article:

0 %