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FTX Founder Sam Bankman-Fried Denies Charges in Unposted Twitter Thread

Algoine News
Summary:
Former FTX CEO Sam Bankman-Fried denies charges in a draft Twitter thread he never posted, while revealing personal details about his relationship with Caroline Ellison. Bankman-Fried, facing criminal trials, has not tweeted since January and is currently in detention. He faces 12 fraud-related charges for FTX and Alameda.
Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, has reportedly written a 15,000-word Twitter thread that he never posted. In the draft, Bankman-Fried denies many of the allegations against him, stating that he did what he believed was right. The draft also reveals personal information about his relationship with former Alameda Research CEO Caroline Ellison, who will testify in his criminal trial starting in October. Bankman-Fried has not tweeted anything on Twitter since January, but he still has access to the platform while preparing for his trial. Following allegations of witness intimidation, his bail was revoked, and he has been confined to the Metropolitan Detention Center in Brooklyn. Bankman-Fried had been staying at his parents' home in California when he reportedly wrote the drafts. It is unclear whether the documents will be used in his criminal trials, with the first trial scheduled to begin on October 3. Bankman-Fried faces 12 counts of fraud related to FTX and Alameda.

Published At

9/15/2023 7:30:00 PM

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