Ex-FTX CEO Sam Bankman-Fried is out on $250 million bail and keeping busy by... blogging?
Almost until the moment of his arrest in the Bahamas a month ago, Sam Bankman-Fried’s (SBF) post-FTX collapse media tour included days of back-to-back Twitter Spaces and Zoom calls. Now, top executives of companies in his crypto empire have pleaded guilty to criminal fraud charges of fraud and money laundering and are cooperating with the prosecution, while Bankman-Fried — free on a $250 million bond and still giving interviews — pleaded not guilty to eight similar charges and has followed up by launching a newsletter while he awaits trial.
Published this morning on Substack, the “FTX Pre-mortem Overview” message from the former CEO says, among other things, that “I didn’t steal funds, and I certainly didn’t stash billions away.”