Tiffany Fong, a crypto influencer, visited Sam Bankman-Fried (SBF), the former CEO of the now-bankrupt FTX exchange, yesterday in his parents’ house in Palo Alto, California. Bankman-Fried was recently granted $250 million bail in a Manhattan court while awaiting trial for fraud and other criminal charges.
According to the New York Post interview with Tiffany Fong, SBF seemed optimistic about the whole situation, including his arrest and jail term of 115 years if found guilty, and doesn’t want to talk about worst-case scenarios. Tiffany also said SBF feels remorseful for customers that lost money due to the collapse of the exchange.
“He’s trying to gather his take on events. He sounded like he was trying to gather his thoughts about what happened,” Fong added.
She also tweeted about the meeting with SBF this morning and promised to write in detail about their conversation after her holiday. The crypto community seemed interested in Tiffany’s report as she was the first person he reached out to when FTX went bankrupt in November. She also covered details on FTX and Celsius’s bankruptcy on her Twitter account.
Sam Bankman-Fried was arrested in the Bahamas for fraud and money laundering charges on FTX, his crypto exchange. He was extradited to the US after a couple of days to stand trial. After the first court hearing in Manhattan, he was released on $250 million bail.
In addition to the bail, the former CEO was placed under strict supervision, including electronic monitoring and mental health counselling, and is prohibited from leaving the country. His next court appearance is scheduled for January 3, 2023.
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