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Bankrupt Exchange Founder SBF Will Appear At New York City Conference

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Crypto Community is in anger mode because of the future interview schedule of Sam Bankman-Fried (SBF).

Sam Bankman-Fried (SBF) is the Founder & former CEO of the FTX crypto exchange. Two weeks ago, the FTX exchange collapsed badly with its sister companies. FTX filed for bankruptcy under chapter 11 in a US district court. The collapse of the FTX exchange happened because of a small controversy with the Binance exchange & a High-level user fund mismanagement by the FTX team.

On 23 November, SBF confirmed on Twitter that he will appear in the upcoming New York City conference on Wednesday of the next week.

Almost all the tweets below the SBF’ Tweet are only hate comments against him over the collapse of the exchange, which caused a very big loss for the 50 million crypto traders. 

 On 24 November, New York Times journalist Andrew Sorkin confirmed the SBF’s Tweet information and said that there are still many questions & stories we need to know & understand behind the downfall of the FTX exchange. 

John Deaton, the founder of Crypto Law & a popular crypto attorney, responded to the tweet of FTX’s former CEO and said that if US agencies will not arrest SBF over the fraud charge that he did with the help of FTX exchange then we will consider the system of justice has been compromised.

In the present time, the majority of the crypto exchanges are showing their user’s fund reserves to remain away from any type of negative situation that CryptoCom-like crypto exchanges faced after the downfall of the FTX exchange. 

Read also: Bank of America seems interested in Ripple’s ODL service







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