Sam Bankman-Fried (SBF), the foremost antagonist of the cryptocurrency sector, has declared his attendance at a New York Times event. The crypto community, nonetheless, is not amused.
SBF tweeted on November 24 that he would appear in person to give a speech at the New York Times DealBook Summit on November 30.
NYT columnist Andrew Ross Sorkin manages the annual event. It looks into recent news stories about business and politics; right now, SBF is a hot issue.
Furthermore, it would be the creator of FTX’s first appearance in public since his bankruptcy filing earlier this month.
SBF is expected to participate in the interview from the Bahamas, where he is now based.
Crypto Community Reactions
The attendance guarantee from SBF was retweeted by Sorkin on November 24, along with his commentary. He remarked,
“There are many critical issues to be raised and answered, and nothing is off limits.”
For publishing what the cryptocurrency community views as “puff pieces” for SBF, the New York Times has recently come under fire.
SBF is expected to participate in the interview from the Bahamas, where he is now based.
Bloomberg reported that FTX attorneys said SBF’s “incessant and disruptive tweeting” was hurting their reorganization efforts.
Vinny Lingham, the co-founder of Civic and Gyft, said SBF was probably not going to jail, adding:
“Don’t get me wrong. He absolutely should. But, he won’t. He might get convicted but he won’t serve time. He spent your billions insuring against that.” Furthermore, most of the responses to SBF’s tweet confirming his appearance were too colorful to republish.
The Latest in the SBF Saga
According to tax reports for FTX and Alameda, the companies have lost $3.7 billion since their founding, BeInCrypto reported on November 22.
SBF allegedly informed its staff in a letter dated November 23 that investors were lining up to inject billions of dollars to save the company. He wrote, “Maybe there is still a chance to save the company.
