Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly in recent days, legal experts said.
of his cryptocurrency exchange, may have harmed his defense by speaking publicly in recent days, legal experts said.
In a conversation with a Vox reporter published this week, Bankman-Fried blamed FTX's collapse in part on “messy accounting,” expressed regret at his decision to file for bankruptcy and denigrated U.S. regulators in profane terms. He later said he did not intend for the conversation to be made public.
He has become the latest high-profile figure to continue to speak publicly despite facing serious legal scrutiny, joining a group that has included Tesla Inc At least one attorney, Martin Flumenbaum of law firm Paul, Weiss, Rifkind, Wharton & Garrison, has already parted ways with Bankman-Fried, though the lawyer did not blame the 30-year-old entrepreneur's controversial statements.
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