Former head of FTX Sam Bankman-Fried (SBF) sat down with cryptocurrency vlogger “Tiffany Fong” over the phone, addressing several key questions related to FTX’s downfall.
The first interview took place on November 6th andpublishOn YouTube on Nov. 29, “I’m starting to trust my instincts on things like this,” the SBF said, explaining why he picked an unknown person to talk to. Fong has less than 10,000 subscribers on her channel. “This is someone who is going to approach this from a fairly neutral perspective.”
Fong begins the interview. It asked about “backdoor” issues that could cause SBF to “take any action that could alter the company’s financial records. [FTX] without notifying others.”
SBF expresses surprise ready said “What I can tell you is that it is absolutely not true. I don’t even know how to write code. […] I have never looked up any code for FTX.”
Commenting on FTX’s FTT coin, SBF said, “I think it’s really valuable, which I think is basically in some ways more legitimate than a lot of tokens. And it has more economic backing than regular tokens,” he said.
“Lack of liquidity does not cause crashes,” the SBF continues, but is caused by “a strong correlation of things between market movements. especially when they are aroused by fear.”
Speaking of his political activism, SBF said, “I donate in equal amounts to both parties.”
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