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    Sonal Shridhar Shinde in Crypto News

    12-Dec-2022 09:02 AM


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    SBF wants to start a new business, officially added as hearing witness

    The founder and former CEO of bankrupt cryptocurrency exchange FTX have expressed interest in forming a new venture aimed at paying back the customers he owes money to.
    "I would give anything to be able to do that.
    And I'm going to try if I can," Sam Bankman-Fried responded when asked by BBC during a Dec. 10 interview if he’d start a new business to repay FTX users.
    Estimates on how much FTX has potentially lost range from $10 billion to $50 billion.
    A statement on Dec. 9 from Brown and Senator Pat Toomey noted Bankman-Fried did not respond to the deadline and the committee “will continue to work on having him appear before Congress.”
    Source: Cointelegraph