TechFlow news, November 15 — In an interview with The New York Times, SBF expressed deep regret over the collapse of his company, appearing "surprisingly calm," the report said. "You'd think I wouldn't be sleeping, but I actually have slept some. Still, it could've been worse." SBF also stated that FTX's margin positions were "much larger than expected," though he declined to provide further details, only revealing they involved tens of billions of dollars. He added that he wished he could bear less responsibility and said he had been "constructively cooperating with regulators, bankruptcy officials, and the company to do what's best for customers." Caroline Ellison, head of Alameda Research, explained the "reasons behind the collapse," saying Alameda had previously received substantial loans, which it used for venture investments and other expenditures. Around the time of the cryptocurrency market crash this past spring, lenders began demanding repayment, but the funds Alameda had spent were no longer readily available, prompting the firm to use FTX customer funds to meet obligations.
During the interview, SBF mentioned that he was no longer in a romantic relationship with Alameda Research’s Caroline Ellison. The New York Times reported that SBF refused to discuss the possibility of going to prison but has been passing time by playing the video game Storybook Brawl, which he said "clears my head." Regarding his cryptic tweets over the past few days, SBF explained: "I don't know" and "I'm just improvising."Original link




