Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX, announced on Twitter on Thursday that he will speak on November 30 at the Dealbook Summit hosted by the New York Times, despite the fact that he is allegedly under investigation and FTX is currently under bankruptcy protection.
— SBF (@SBF_FTX) November 23, 2022
At the conference, according to Bankman-Fried, he will speak with New York Times columnist Andrew Ross Sorkin. Sorkin said in response to Bankman-tweet “There are a lot of important questions to be asked and answered. Nothing is off limits.”
The answer is yes. 👇
There are a lot of important questions to be asked and answered.
Nothing is off limits.
Looking forward to it… https://t.co/lShAqXLKGS
— Andrew Ross Sorkin (@andrewrsorkin) November 23, 2022
On November 11, FTX filed for Chapter 11 bankruptcy.
A “substantial amount of assets” of FTX have either been stolen or are missing, according to James Bromley of the law firm Sullivan & Cromwell, who was appointed counsel by the new FTX leadership on Tuesday at the company’s first day of a bankruptcy hearing. He also claimed that Sam Bankman-Fried ran the company like a “personal fiefdom.”
FTX stated that it has more than 100,000 creditors and that number may go above 1 million in a bankruptcy filing on November 14.