Loading Video…

This browser does not support the Video element.

FTX fallout: Sam Bankman-Fried speaks to media for first time since collapse | LiveNOW from FOX

In his first live appearance since the collapse of FTX, founder Sam Bankman-Fried took questions at the DealBook Summit regarding the now-bankrupt cryptocurrency exchange he founded. Bankman-Fried spoke remotely from the Bahamas, where FTX is headquartered, rather than appearing in person. He is reportedly under investigation by the Dept. of Justice and the Securities and Exchange Commission and may face extradition to the U.S. in the future. Bankman-Fried is also expected to testify before congressional committees in the weeks ahead.