Paragraph: Sam Bankman-Fried was interviewed by Andrew Ross Sorkin as part of the New York Times Dealbook Summit. The Dealbook Summit is an annual event hosted by the New York Times.
Paragraph: The interview took place virtually as part of the Dealbook Summit. Some people were skeptical of Bankman-Fried’s claim that FTX US is fully funded and could begin withdrawals today.
Paragraph: During the interview, Bankman-Fried reiterated his claim that FTX US is fully funded and could begin withdrawals today. He told the virtual audience that he made a lot of mistakes and was not really cautious enough from a downside perspective. Some people attempted to defend Bankman-Fried after the interview.