We know why we wanted SBF to give tons of press interviews. But why did he?
Perhaps you and I would take a different tack if we were, I don’t know, facing serious allegations from both aggrieved customers and skeptical government officials that we mishandled of billions of dollars of other people’s money, but hey, neither of us is Sam Bankman-Fried. But the disgraced genius kept saying he had a “duty” to those affected by the fall of his businesses—which were entangled with many,key parts of the crypto economy—to explain what happened and make things right. OK, sure.
This isn’t the most plausible story by even SBF’s own admission , but it provides a cover if you’re trying to duck the feds: You didn’t know anything, other people messed up, but you’re not going to call them out specifically, out of personal concern. He kept saying that he didn’t have “access” to information that would allow him to be more upfront about financial specifics, thanks to the Chapter 11 proceedings.
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