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NBC News NOW
FTX founder Sam Bankman-Fried releases explanation of company’s collapse
This version of Ftx Founder Sam Bankman Fried Releases Explanation Of Company S Collapse 159775813982 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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FTX founder Sam Bankman-Fried has released a statement detailing his explanation of what led to the company’s collapse after pleading not guilty to a series of fraud charges related to his now-bankrupt company. NBC News’ Stephanie Ruhle explains the key points of Bankman-Fried’s explanation and why he could be speaking publicly ahead of his trial. Jan. 12, 2023