BTC logo
BTC
$107,738.55
1.56%
ETH logo
ETH
$3,837.98
2.86%
USDT logo
USDT
$1.0005
0.03%
BNB logo
BNB
$1,143.79
0.73%
XRP logo
XRP
$2.2940
3.88%
SOL logo
SOL
$182.55
5.79%
USDC logo
USDC
$0.9999
0.01%
TRX logo
TRX
$0.3140
1.14%
DOGE logo
DOGE
$0.1856
3.66%
ADA logo
ADA
$0.6361
4.60%
HYPE logo
HYPE
$36.71
6.04%
USDE logo
USDE
$0.9998
0.03%
LINK logo
LINK
$17.16
3.77%
BCH logo
BCH
$503.99
3.39%
XLM logo
XLM
$0.3084
4.24%
SUI logo
SUI
$2.5201
5.89%
WBT logo
WBT
$41.04
1.34%
LEO logo
LEO
$9.6064
0.43%
AVAX logo
AVAX
$20.67
5.50%
HBAR logo
HBAR
$0.1693
5.02%
BTC logo
BTC
$107,738.55
1.56%
ETH logo
ETH
$3,837.98
2.86%
USDT logo
USDT
$1.0005
0.03%
BNB logo
BNB
$1,143.79
0.73%
XRP logo
XRP
$2.2940
3.88%
SOL logo
SOL
$182.55
5.79%
USDC logo
USDC
$0.9999
0.01%
TRX logo
TRX
$0.3140
1.14%
DOGE logo
DOGE
$0.1856
3.66%
ADA logo
ADA
$0.6361
4.60%
HYPE logo
HYPE
$36.71
6.04%
USDE logo
USDE
$0.9998
0.03%
LINK logo
LINK
$17.16
3.77%
BCH logo
BCH
$503.99
3.39%
XLM logo
XLM
$0.3084
4.24%
SUI logo
SUI
$2.5201
5.89%
WBT logo
WBT
$41.04
1.34%
LEO logo
LEO
$9.6064
0.43%
AVAX logo
AVAX
$20.67
5.50%
HBAR logo
HBAR
$0.1693
5.02%
Opinion
Share this article

Did Sam Bankman-Fried Finally Admit the Obvious?

In an exchange with YouTuber Coffeezilla, the former CEO disclosed that client funds weren’t segregated as promised.

By Daniel Kuhn
Updated Jun 14, 2024, 10:59 p.m. Published Dec 8, 2022, 6:30 p.m.
Sam Bankman-Fried sticking his tongue out while at Crypto Bahamas (Danny Nelson/CoinDesk)
Sam Bankman-Fried sticking his tongue out while at Crypto Bahamas (Danny Nelson/CoinDesk)