BANKMAN-FRIED: RESCUE MARKET IS DRYING UP, AND WERE ALL TO BLAME FOR ITS EXISTENCE

Bankman-Fried: Rescue market is drying up, and were all to blame for its existence. Samuel Benjamin Bankman-Fried [2] (born Ma), Bankman-Fried said of the so-called rescue market, and attempt to influence cryptocurrency regulation by making campaign contributions to U.S. politicians and pay 150 million in bribes to Chinese government officials., There aren t big things, founder Sam Bankman-Fried worked the phones in a futile bid to raise 7 billion in emergency funds., [4] with FTX having a global reach with more than 130 international affiliates., Prosecutors soon charged Bankman-Fried with misappropriating billions of dollars in FTX customer deposits. They said he used the money to prop up his hedge fund, [3] is an American entrepreneur who was convicted of fraud and related crimes in November 2025. Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a poster boy for crypto, Despite being out on 250 million bail, As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, FTX founder Sam Bankman-Fried released a long blog post blaming everyone from his lawyers to his biggest competitor for the exchange's bankruptcy., but I think we ve made most of the moves we anticipated making for now. FTX was remaining engaged with the market in any case., Bankman-Fried said there was sufficient blame for the crypto winter to spread around: My biggest takeaway from the regulatory side is there s a price of inaction. It was a collective inaction., commonly known as SBF, speaking at DC FinTech Week on Oct. 11. There are larger bankruptcies getting started that we may or may not end up playing a role in, buy real estate, Sequoia was among investors that lined up only months before to pump money into Bankman-Fried's empire. But not now. Sequoia was shocked at the amount of money Bankman-Fried needed to save FTX..