Ex-FTX CEO Says He Didn't 'Knowingly' Misuse Clients' Funds

The video discusses the collapse of cryptocurrency exchange FTX, which filed for bankruptcy, affecting a million customers and investors. Sam Bankman-Fried, the former CEO, admitted to mistakes but denied fraud, despite facing potential legal charges. He attributed the collapse to poor oversight during an interview with the New York Times.

What was the role of Roston Benham in the FTX collapse hearing?

• He was a journalist covering the event.

• He was the chairman of the Commodity Futures Trading Commission.

• He was the CEO of FTX.

• He was a customer of FTX.

How many customers and investors were affected by the FTX bankruptcy?

• 2,000,000

• 100,000

• 1,000,000

• 500,000

What did Sam Bankman-Fried admit during his interview with the New York Times?

• He made several mistakes.

• He was advised to do interviews.

• He committed fraud.

• He was not involved with FTX.

Despite legal advice, what did Bankman-Fried do?

• He fled the country.

• He refused to speak publicly.

• He sold his shares in FTX.

• He participated in a video conference.

What potential consequences could Bankman-Fried face following the collapse of FTX?

• A public apology.

• Civil and criminal charges.

• A new business opportunity.

• A promotion within the company.