FOX Business' Stuart Varney discusses Sam Bankman-Fried's 'apology tour' and the negative impact it will have on the entire cryptocurrency business.
FOX Business host Stuart Varney argues Sam Bankman-Fried's media tour is 'undermining confidence' in the cryptocurrency business.Sam Bankman-Fried as he scrambles to "explain away the juvenile lunacy," arguing the founder's "apology tour is not stopping the implosion of crypto infrastructure."Sam Bankman-Fried is a charlatan. He is now on an apology tour, trying, somehow, to explain away the juvenile lunacy known as FTX. It won't work.
He says he "didn't knowingly" play fast and loose with billions in customer funds. He didn't "knowingly commit fraud."FOX Business' Stuart Varney discusses Sam Bankman-Fried's apology tour. Today we hear he claims to have "miscounted" $8 billion in customer funds. What on earth does "miscounted" mean? How do you "miscount" $8 billion!s revealed that crypto broker genesis owes Gemini’s investors $900 million. Not exactly household names are they, but the losses are huge.
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