Sam Bankman-Fried's Interview With Andrew Ross Sorkin ( At New York Times’ annual DealBook summit) :
Sorkin: "You were using FTT, Solana, as collateral. Were you marking them properly?"
SBF: "I wasn't marking them the way I wish I had from a risk perspective."Sam Bankman-Fried on his penthouse: "I don't live there now."
On Alameda's investment in BlockFi:
SBF: "A hundred million? A couple hundred million? I don't honestly know. I wasn't even looking at that number."
Sorkin: "What are your lawyers telling you? Do they think this is a good idea, for you to be speaking?
SBF: "They very much do not."
Sorkin: "How concerned are you about criminal liability?"
SBF: "I don't personally think I have... it's not what I'm focusing on. There will be a time and a place for me to think about myself and my future but this isn't it."
Sorkin: "Can you speak to the donations? Were you influencing lawmakers to do your bidding?"
SBF: "My donations were mostly for pandemic prevention. That was the primary thing I was supporting, on both sides of the aisle."
Sorkin: You made investments in media companies...
SBF: "I don't have governance in any of these, I was looking to support journalists doing great work. There needs to be a critical mind in stories."
Sorkin: What did you tell your parents?
SBF: I called them up and said, hey guys, I think there might be a problem.
Sorkin: May I ask about the drugs?
SBF: I have been prescribed various things to help with focus and concentration. It's on-label use of medications. They helped me focus a little bit.
Sorkin: How much money do you have left?
SBF: Close to nothing. I have one working credit card left. $100,000, something like that?
Sorkin: "Do you agree that you lied?"
SBF: "There were times when I was a... marketer for FTX... how can I, in a way that is truthful, paint FTX as compelling and exciting... I wasn't talking about the risks... I wish I had spent more time on the downsides."
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Sorkin: "You were using FTT, Solana, as collateral. Were you marking them properly?"
SBF: "I wasn't marking them the way I wish I had from a risk perspective."Sam Bankman-Fried on his penthouse: "I don't live there now."
On Alameda's investment in BlockFi:
SBF: "A hundred million? A couple hundred million? I don't honestly know. I wasn't even looking at that number."
Sorkin: "What are your lawyers telling you? Do they think this is a good idea, for you to be speaking?
SBF: "They very much do not."
Sorkin: "How concerned are you about criminal liability?"
SBF: "I don't personally think I have... it's not what I'm focusing on. There will be a time and a place for me to think about myself and my future but this isn't it."
Sorkin: "Can you speak to the donations? Were you influencing lawmakers to do your bidding?"
SBF: "My donations were mostly for pandemic prevention. That was the primary thing I was supporting, on both sides of the aisle."
Sorkin: You made investments in media companies...
SBF: "I don't have governance in any of these, I was looking to support journalists doing great work. There needs to be a critical mind in stories."
Sorkin: What did you tell your parents?
SBF: I called them up and said, hey guys, I think there might be a problem.
Sorkin: May I ask about the drugs?
SBF: I have been prescribed various things to help with focus and concentration. It's on-label use of medications. They helped me focus a little bit.
Sorkin: How much money do you have left?
SBF: Close to nothing. I have one working credit card left. $100,000, something like that?
Sorkin: "Do you agree that you lied?"
SBF: "There were times when I was a... marketer for FTX... how can I, in a way that is truthful, paint FTX as compelling and exciting... I wasn't talking about the risks... I wish I had spent more time on the downsides."
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