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Sam Bankman-Fried, the former CEO of FTX, claims he did not know that funds were mixed in an interview at DealBook Summit.
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SBF was utterly detached from Alameda during the interview.
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SBF was utterly detached from Alameda during the interview.
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He repeated the phrase, "I wasn't running Alameda, and I don't know any details about Alameda" several times.
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He said he was too nervous about getting involved due to a conflict of interest.
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SBF attempted to claim that he had not been thinking about the company's finances or making decisions.
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SBF claims that he needed to learn the depth of the relationship between FTX and Alameda and further stated that he didn't know how large their position was.
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He said there was a "failure in oversight" and "a failure to appoint someone chiefly responsible for that."
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During the interview, Brian Sullivan, a CNBC Business Journalist, tweeted that
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Sam put Caroline Ellison (his ex-girlfriend) and the Alameda hedge funds under many busses.
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