- Stephen Findeisen, YouTuber Coffeezilla, snuck into Twitter Spaces to interview SBF.
- As for FTX and Alameda dashboards or whether users will be compensated, SBF was unclear.
- FTX CEO claims he doesn’t know what to say except that it was a big mistake.
Stephen Findeisen, an American crypto detective better known as Coffeezilla, has recently managed to do another exposé on FTX’s Sam Bankman-Fried after sneaking into his Twitter Space interviews. He has managed to scoop out answers with his hard-hitting questions that Bankman-Fried tried to dodge and left unanswered.
At some point during the interview, SBF’s reluctance and the sheer volume of “umms, uhs, and aahs,” instead of giving definitive detailed responses, backfired and proved his gross negligence and ignorance on a public platform.
According to Coffeezilla, in one interview, an internet detective asserted that Bankman-Fried, who had no FTX banking, used Silvergate to get wire transfers to Alameda Research. He then credited them on the FTX site but didn’t acknowledge that $8 Billion was coming to FTX without being accounted for. As a result, Coffeezilla publicly asked Bankman-Fried for clarification.
The fallen FTX CEO claimed that he was unable to see the $8 Billion due to an “accounting error”. In his own words, the CEO explained, “I believe there wasn’t correct FTX accounting in terms of audit and financing. But if you would have pulled up the dashboard, what the accounts look like, it would not have displayed those transfers.” Coffeezilla reported that Bankman-Fried said the dashboard didn’t include this accounting information.
During the YouTuber’s quick follow-up with FTX and Alameda employees, he asked “Could it be that Sam didn’t know about this?” Bankman-Fried’s employees laughed in response, saying that the CEO was claiming to be stupid now when he was a genius wonder kid. Upon this, Bankman-Fried replied:
I had a lot going on. I was spread thin. I lost track of a lot of important things.
Coffeezilla highlighted Bankman-Fried’s past interviews where he categorically implied that he had no idea about mingling funds. Furthermore, Bankman-Fried admittedly said in his defense that “I was vaguely aware some of these systems existed. I was not spending much time on looking at position risk management, it was a big mistake.”
And then, he abruptly left every conversation claiming, “I don’t know what to tell you. I’m saying what I believe. What the insiders are saying doesn’t line up with my beliefs.” After Coffeezilla’s confrontational approach riled up Bankman-Fried on countless occasions, the investigator continued to ask Bankman-Fried hard questions to get answers that are still anticipated by the crypto community.
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