SBF gave an embarrassingly irreverent and no-nonsense interview on the Twitter space with Odd Whales and 5 other panelists. He was answering several questions about the FTX crash. However, all the answers start with “As far as it helps”, “I have no information on this”, And a lot. That’s still fine, you can’t expect someone to remember everything.
But one of the panelists asks Molly White if he plays video games because we hear constant clicking noises on the live stream, and Scam Bankman Fried (my bad, Sam) admits to playing video games.
The next panelist, Cass Pianci, said he found Sam playing video games on the live stream. A lot of people have lost their money because of FTX, and Sam has no mercy.
I was wondering what the constant clicks I was hearing were. Thankfully, someone asked him if he was playing video games and he replied, “Yes.”
— Benjamin Cowen (@intocryptoverse) December 12, 2022
Sam was asked who their bank partners were, but he didn’t even have a proper answer to that. In the past, when FTX didn’t have a bank account, the user’s money was transferred to Alameda, and they would transfer the money to FTX, he said.
@SBF_FTX It is confirmed by Twitter sites $SI He was the largest bank partner for FTX/Alameda when the stock reached new lows.
The answers that users can see when they send money to FTX (for Alameda bank accounts) are mainly through Silvergate. pic.twitter.com/i6mqQ9Iv9g
– Dylan LeClair 🟠 (@DylanLeClair_) December 12, 2022
Another forum participant asked when the FTX bank accounts were made, were the user’s assets transferred to their accounts? And the short answer was no!
Most of the other answers also had zero value and the answers were also circles. When one of the panelists, Kaleo, finally left SBF abruptly; “Dude, I’m just commenting. I think everything about his approach is disgraceful and the fact that he can justify playing a game in the 1st place in one of these, you know, continues. And to laugh at him and think that this is a trivial, you know, nonsensical answer is, first of all, incredibly disrespectful to both the people he’s talking to and the people who are listening and affected by this situation. “
Meanwhile, Coindesk editor Tracy Wang also offered her closing thoughts. she said, “No, I completely agree. I think it’s interesting, you know, when I asked him why he would do a media interview without a prayer in front of Congress, he basically said, He was okay with wasting people’s time but he didn’t want to waste his time like politicians.
Even from the interview we can conclude that Alameda was stealing funds sent by users and they were never transferred to FTX.
It was an hour-long interview, but that’s all that matters from the call.
See you again tomorrow at 10 am EST. Let’s see if we can get the right answer then.
Tuesday: Former FTX CEO Sam Bankman-Fried and current CEO John Ray talk about the cryptocurrency company’s collapse at House Financial – live at 10am ET on C-SPAN3 https://t.co/UZeZcuqEKM pic.twitter.com/y3w9jfhq0o
— CSPAN (@cspan) December 12, 2022
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Also read: Scam Bankman Fried wants to start a new business to pay FTX victims.
