Fallen FTX Founder Bankman-Fried Gives Regulators the Middle Finger

Published by
The Street

By Ellen Chang Sam Bankman-Fried fires off a missive about financial regulators on Twitter and discusses them with a reporter. Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, can not hide his disgust at financial regulators. The 30-year old former billionaire borrowed a whopping$1 billion from one of his bankrupt companies that he founded in 2019, but dismisses the role of regulators. Now both he and and FTX and hedge fund Alameda Research are under criminal investigation by the Department of Justice and the U.S. Securities and Exchange Commission. Although Bankman-Fried has…

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