- Genevieve Roch-Decter brings insights from the only interview of Sam Bankman Fried after FTX announced its Bankruptcy.
- The call took place on November 16.
- Sam blamed the poor account labelling for the misinterpretation of the liabilities and assets of FTX.
In an official tweet on Twitter, Genevieve Roch-Decter, CFA, a money manager and the CEO of Grit Capital, came out with the audio that she listened to a call with Sam Bankman-Fried. This was the only interview since the FTX declared Bankruptcy.
I just listened to the full audio of a phone call with Sam Bankman-Fried, his only recorded interview since FTX declared bankruptcy.— Genevieve Roch-Decter, CFA (@GRDecter) November 29, 2022
Here’s what Sam said 🧵
The call occurred on November 16 between SBF and Tiffany Fong, and the entire audio was posted on the YouTube Channel. The interview clarified many things that were roaming around in the market. Sam said that the claims about him being the most significant democratic donor are misleading and that he has donated equally to both sides.
But the donations to the republicans were not supposed to be disclosed, and it was the “dark money”.
The donations to the Republicans were made public intentionally as the media has a liberal bias and would be more favourable to him. He also specified that he made donations to both sides to gain influence on both sides.
Sam denied all allegations related to the back door that helped SBF to take the money out of the FTX without being alert, saying that he doesn’t know how to code or use the backend of the FTX. He blamed the poor labelling of the accounting systems that caused the misinterpretation of the FTX’s liabilities and assets by an embarrassingly large number.