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December 1, 2022 at 7:46 pm

Legal Professionals Astonished As Sam Bankman-Fried Admits Failures, Apologizes No Less Than 12 Times in Interview…

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by Stephan Katte at CoinTelegraph

Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times’ DealBook Summit on Nov. 30.

In a wide-ranging video interview, Bankman-Fried was asked to answer a number of questions surrounding the downfall of the now-defunct exchange, with some even suggesting that some of his statements could be used to incriminate him in legal proceedings.

In a Nov. 30 Twitter post, crypto attorney Jeremy Hogan, partner at Hogan & Hogan, said that the “light cross-examination” of Bankman-Fried at the DealBook Summit has already returned “at least 3 incriminating statements so far.”

SBF is getting a light cross-examination at the NYT/Dealbook Summit and has made at least 3 incriminating statements so far.

Why are his lawyers (or parents) letting him do this?? pic.twitter.com/Nd0poutAA0

— Jeremy Hogan (@attorneyjeremy1) November 30, 2022

Alan Rosca from the law firm Rosca Scarlato said…

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