SBF will be interviewed at the NYT event

SBF will be interviewed at the NYT event

The FTX founder will speak with New York Times columnist Andrew Sorkin at the DealBook Summit on Wednesday.

SBF announces an interview

Sam Bankman-Fried (SBF) will make his first virtual appearance at a public event since his FTX ecosystem collapsed. On Wednesday, the disgraced founder announced on Twitter that he would be attending the New York Times-hosted DealBook Summit on Nov. 30. He revealed that he would be talking to Andrew Sorkin, who is the founder and editor. at-large from DealBook to the New York Times,

He tweeted,

“I will speak with Andrew Sorkin at the Dealbook Summit next Wednesday (11/30).”

“Nothing is forbidden”

SBF, which is currently under investigation by law enforcement and financial regulators, remains locked up in the Bahamas, where its now defunct headquarters are located. Although he will not be physically present in New York during the event, a New York Times spokesperson revealed that Bankman-Fried will be participating in the interview virtually from the Bahamas.

Sorkin also confirmed that he would be interviewing SBF and even hinted that he would cover several difficult but relevant topics.

He tweeted,

“A lot of people have asked me if I will still be interviewing SBF at the New York Times DealBook Summit on November 30… The answer is yes. There are a lot of important questions to ask and answer. Nothing is off limits.

The Fall of the Crypto Poster Boy

Bankman-Fried had long positioned himself as the poster child for responsible crypto investing. He had bought up undervalued assets, loaned money for bailouts and exercised fiscal discipline. He even lobbied US regulators and members of Congress and advocated for a bipartisan crypto bill. However, that picture crumbled when news reported discrepancies in FTX’s balance sheets. The exchange’s native FTT token has started to drop in value. It also caused Bankman-Fried’s personal valuation to plummet, as most of his wealth was held in FTT.

He lost his billionaire status almost overnight, with a 95% drop in net worth from $16 billion to $995 million. Shortly after, the company filed for Chapter 11 bankruptcy and SBF resigned as CEO of FTX. Although it was enough vocal On Twitter, DealBook’s interview will be the first he’s voluntarily attended, albeit virtually, since the collapse.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended for use as legal, tax, investment, financial or other advice.

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