We know now that Sam is a pathological liar which makes it hard to take anything he says (including this interview) at face value. He’s facing serious jail time for this mess and has a strong incentive to present himself/FTX as incompetent vs deliberate frauds. I’m pretty skeptical of his claim that they just ‘happened’ to make a sequence of decisions which were above board in isolation but added up to gambling with FTX customer deposits
We know now that Sam is a pathological liar which makes it hard to take anything he says (including this interview) at face value. He’s facing serious jail time for this mess and has a strong incentive to present himself/FTX as incompetent vs deliberate frauds. I’m pretty skeptical of his claim that they just ‘happened’ to make a sequence of decisions which were above board in isolation but added up to gambling with FTX customer deposits