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‘I f***** up’: Sam Bankman-Fried’s mea culpa as crypto giant FTX scrambles for survival

In an expletive-ridden statement, the FTX boss says he “should have done better”

Sam Bankman-Fried has tried to explain how FTX got into trouble, and where it might be heading next
Sam Bankman-Fried has tried to explain how FTX got into trouble, and where it might be heading next Photo: Getty Images

Sam Bankman-Fried said he “f****d up” and is sorry about the crisis engulfing his crypto firm FTX, as it scrambles to raise enough cash to continue operating.

In a 10 November Twitter thread, the chief executive said he “should have done better”. The crisis “tells me a lot of things, both specifically and generally, that I was s*** at,” he said.

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