Since the collapse of FTX singlehandedly set crypto back to the dark ages, everyone has been waiting with bated breath to see what Sam would or would not say in his Dealbook Summit interview. Would we get an apology? Would Bankman-Fried get down on his hands and knees to beg the community for forgiveness and own up to his incompetence?
Cue the laugh track.
We got none of that from cryptocurrencies, the most radioactive man. Sam Bankman-Fried appears to be clinging to the same tired narrative we have been hearing him spin since FTX went down the proverbial toilet: blaming the market crash and claiming he had not knowingly committed any crimes.
Against the advice of his lawyers, Bankman-Fried showed up for the interview. It seems to be a recurring theme with Sam. He goes against the advice of other people. I'm guessing that's how FTX found itself going into bankruptcy. Sam believed he was a genius and could successfully run a crypto exchange.
The first laugh of his standup comedy special is when he said, "I didn't ever try to commit fraud", the kind of comedic statement that makes Dave Chapelle and other great comedians look like scripted hacks.
The comedy routine gets even funnier when Bankman is asked if he knowingly took customer funds and lent them to Alameda (we know he did); he kept saying he "didn't knowingly commingle funds." — we kept waiting for the punchline to this huge comedic setup, but it never came.
Although, the crowd got a few laughs when Sam delivered one of the best jokes of his standup comedy routine. At 33:15, Bankman-Fried says, "I've had a bad month", and the crowd erupts into laughter. It was arguably his best joke.
And kudos to Sam; this is his first media appearance where he doesn't appear to be playing video games like he is known to do. Although he did keep looking down, maybe he had a Nintendo Switch not visible off-screen.
Also, you'll take note of numerous points of the interview where Sam smiles or attempts to hide laughter when asked serious questions during the interview. It's clear this psychopath does not care about his customers or anyone else. He thinks he has done nothing wrong and is now gaslighting everyone with the same repeated trope of poor market conditions and blaming the audits. I am surprised Sam hasn't blamed the weather for the collapse of FTX.
Perhaps not surprisingly, Bankman-Fried wasn't asked what he wants for his final meal when he is sentenced to the death penalty for murdering the cryptocurrency ecosystem and ripping off a substantial number of FTX customers who have lost because of this situation. He looks like the type of guy who would request Cheetos and a bottle of Mountain Dew for his final meal.
You can watch the interview here on YouTube and form your own opinions.
Posted Using LeoFinance Beta
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