{"id":1757543,"date":"2022-11-30T19:18:02","date_gmt":"2022-12-01T00:18:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1757543"},"modified":"2022-11-30T19:18:06","modified_gmt":"2022-12-01T00:18:06","slug":"sam-bankman-fried-on-whether-he-lied-there-are-certainly-times-when-i-was-a-marketer-for-ftx","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sam-bankman-fried-on-whether-he-lied-there-are-certainly-times-when-i-was-a-marketer-for-ftx\/","title":{"rendered":"Sam Bankman-Fried On Whether He Lied: \u2018There Are Certainly Times When\u2019 I Was \u2018A Marketer For FTX\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsam-bankman-fried-on-whether-he-lied-there-are-certainly-times-when-i-was-a-marketer-for-ftx%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1757543&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>FTX founder Sam Bankman-Fried, 30, claimed during an interview on Wednesday that he, at times, acted as a \u201cmarketer\u201d for the company when he was asked if he had ever lied while at the now-bankrupt FTX.<\/p>\n<p>The company filed for\u00a0<a href=\"https:\/\/www.dailywire.com\/news\/30-year-old-billionaire-loses-entire-fortune-overnight-as-his-bahamas-based-cryptocurrency-empire-implodes\" target=\"_blank\" rel=\"noopener\">bankruptcy<\/a>\u00a0earlier this month after customers discovered that firms controlled by Bankman-Fried and his associates were allegedly fraudulently intertwined, triggering a liquidity crisis as customers hurried to withdraw funds. A number of individual users and institutional clients still have as much as $8 billion remaining with the company.<\/p>\n<p>\u201cWere you truthful with us today?\u201d CNBC\u2019s Andrew Ross Sorkin asked SBF during an interview at the Dealbook Summit.<\/p>\n<p>\u201cI was as truthful as I, as, you know, I\u2019m knowledgeable to be,\u201d he responded. \u201cThere\u2019s, there\u2019s, there\u2019s some things I wish I knew more about. But yes, I was.\u201d<\/p>\n<p>\u201cLet me ask you this: do you agree that over time, you also lied?\u201d Sorkin asked.<\/p>\n<p>\u201cDo I believe, do I agree that I lied?\u201d SBF responded. \u201cI don\u2019t know of times when I lied, I think, look, there are certainly times when I was acting as a, um, as a representative, as a marketer for FTX.\u201d<\/p>\n<p>WATCH:<\/p>\n<p lang=\"en\" dir=\"ltr\">Sorkin: &#8220;Were you truthful with us today?&#8221;<\/p>\n<p>SBF: &#8220;I was as truthful as I am knowledgable to be.&#8221;<\/p>\n<p>Sorkin: &#8220;Over time, do you agree that you have lied?&#8221;<\/p>\n<p>SBF: &#8220;There was times when I was acting a marketer for FTX.&#8221; <a href=\"https:\/\/t.co\/FKOC87I8e8\">pic.twitter.com\/FKOC87I8e8<\/a><\/p>\n<p>\u2014 Greg Price (@greg_price11) <a href=\"https:\/\/twitter.com\/greg_price11\/status\/1598095165008547840?ref_src=twsrc%5Etfw\">November 30, 2022<\/a><\/p>\n<p>Earlier in the interview, SBF claimed, \u201cI didn\u2019t ever try to commit fraud on anyone. I saw it as a thriving business and I was shocked by what happened this month.\u201d<\/p>\n<p>\u201cWhat are your lawyers telling you right now?\u201d Sorkin asked. \u201cAre they suggesting it\u2019s a good idea for you to be speaking?\u201d<\/p>\n<p>\u201cNo, they\u2019re very much not,\u201d he responded. \u201cThe time that I really knew there was a problem was November 6. When we looked at that, there was a potential serious problem.\u201d<\/p>\n<p>When asked if he was in the Bahamas because he believes that he can\u2019t leave, SBF responded by claiming that he runs the company in the Bahamas and that he believes that organizations around the world might still \u201cwant\u201d his help.<\/p>\n<p>\u201cHow concerned are you about criminal liability at this point?\u201d Sorkin asked.<\/p>\n<p>\u201cSo, I don\u2019t think that, I mean, obviously I don\u2019t, I don\u2019t personally think that I have, you know \u2014 but I think the real answer is it\u2019s not, sounds weird to say but, but I think the real answer is that\u2019s not what I\u2019m focusing on,\u201d SBF answered. \u201cIt\u2019s, there\u2019s gonna be a time and a place for me to sort of think about myself and my own future, but I don\u2019t think this is it.\u201d<\/p>\n<p>\u201cLike, right now, I mean, look, I\u2019ve had a bad month,\u201d SBF continued as the crowd erupted in laughter. \u201cThis has not been fun for me.\u201d<\/p>\n<p><strong>Related: <a href=\"https:\/\/www.dailywire.com\/news\/mother-of-disgraced-crypto-billionaire-sam-bankman-fried-is-a-democratic-fundraiser-who-once-wrote-essay-blasting-personal-responsibility\" target=\"_blank\" rel=\"noopener\">Mother Of Disgraced Crypto Billionaire Sam Bankman-Fried Is A Democratic Fundraiser Who Once Wrote Essay Blasting \u2018Personal Responsibility\u2019<\/p>\n<p><\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FTX founder Sam Bankman-Fried, 30, claimed during an interview on Wednesday that he, at times, acted as a \u201cmarketer\u201d for the company when he was asked if he had ever lied while at the now-bankrupt FTX. The company filed for\u00a0bankruptcy\u00a0earlier this month after customers discovered that firms controlled by Bankman-Fried and his associates were allegedly &#8230;<\/p>\n","protected":false},"author":134,"featured_media":1736424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1757543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1757543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/134"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1757543"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1757543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1736424"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1757543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1757543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1757543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}