Sky News - Founder of bankrupt crypto firm FTX Sam Bankman-Fried breaks his silence, with thousands locked out of savings
Bankman-Fried is accused of diverting client funds and secretly transferring $10 billion from FTX.
Speaking at the New York Times Dealbook Summit, SBF insisted that it had never attempted to defraud and said he was "shocked" at how the crisis had unfolded .
The crypto entrepreneur, who once established himself as the savior of hard-hit businesses, says his net worth fell from more than $26 billion to $100,000 after his company went bankrupt.
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