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

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

Assessment

Interactive Video

Business, Social Studies

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Where is Sam Bankman-Fried reportedly located following the FTX bankruptcy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did FTX's bankruptcy filing have on Bitcoin prices?

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