The Collapse of FTX, in Sam’s Own Words

In early December, a Wall Street Journal interviewer pressed SBF on his knowledge of operations at Alameda, the crypto hedge fund accused of borrowing billions of dollars in crypto from FTX and its unknowing customers. According to SBF, who had a 90% ownership stake in Alameda and lived with its CEO, Caroline Ellison, he, too, didn’t fully know what was going on there, a refrain he later echoed in documents shared with the New York Times.