Name: Sam Bankman-Fried Says Alameda Winding Down, Promises FTX US Customers' Funds Are 'Fine'
Uploaded: 2022-11-10T15:04:47.000Z
Duration: 8 min 19 s
Description: FTX CEO Sam Bankman-Fried promised to use “every penny” his crypto exchange has to repay users ahead of investors, apologizing in a tweet thread on Thursday. The 30-year-old former billionaire also said Alameda Trading – his empire’s once mighty crypto quant shop and market maker – would "wind down trading." CoinDesk Technology Reporter Sam Kessler weighs in.

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Sam Bankman-Fried Says Alameda Winding Down, Promises FTX US Customers' Funds Are 'Fine' | CoinDesk Videos

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