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Sam bankman—fried says he wants to start a new business to make enough money to pay back victims of the ftx collapse. speaking from the bahamas, the 30 —year—old faces multiple federal investigations into his running of the collapsed cryptocurrency company. more than a million people have potentially lost money and the former billionaire claims he too is close to being broke. 0ur cyber reporterjoe tidy reports from the bahamas. for weeks, this island paradise has been at the centre of one of the biggest financial scandals in history. at the centre of the centre, sam bankman—fried. but ...

Investigators and reporters want an answer to. were you incompetent or were you fraudulent? i didn't knowingly commit fraud, i don't think i committed fraud. i didn't want any of this to happen. i was certainly not nearly as competent as i thought i was. that is why we started ftx, to harness the possibility of this digital world. bankman—fried's ftx was a giant of the crypto currency industry. the exchange allowed people to trade their normal money for digital tokens like bitcoin. but last month, it was revealed ftx and bankman—fried's separate company, alameda research, were financially ...

You mean somehow make money and pay them back? i would give anything to be able to do that. so you want to get this clear and you want to start some sort of new venture that you can make lots of money to pay back ftx customers? if i could do that, that would be great. closer to home, locals are left angry. the american�*s bold promise to build a silicon valley of crypto have vanished. a big disappointment because a lot of people who locally had sold land and stuff to them... i mean, everything just went, you know. so, overnight everything hasjust gone? everything gone. first question, where ...

Has been to meet him. for weeks, this island paradise has been at the centre of one of the biggest financial scandals in history. at the centre of the centre, sam bankman—fried. but instead of hiding in his luxury apartment, he is on a mission to say sorry. look, ishould have been on top of this. it was a huge oversight. i made a lot of mistakes that are things i would give anything to be able to do over again. regardless of any apparent remorse, there is only really one question victims, investigators and reporters want an answer to. were you incompetent or were you fraudulent? i didn't kno...

I made a lot of mistakes that are things i would give anything to be able to do over again. regardless of any apparent remorse, there is only really one question victims, investigators and reporters want an answer to. were you incompetent or were you fraudulent? i didn't knowingly commit fraud, i don't think i committed fraud. i didn't want any of this to happen. i was certainly not nearly as competent as i thought i was. bankman—fried's ftx was a giant of the crypto currency industry. the exchange allowed people to trade their normal money for digital tokens like bitcoin. but last month, it...