Former FTX CEO Sam Bankman-Fried is under scrutiny by prosecutors over the relationship between crypto exchange FTX and trading firm Alameda Research. SBF has reportedly made customers wire transfer money to FTX through Alameda bank accounts at Silvergate and other banks.

During the interview with the New York Times, SBF defended himself from fraud accusations. Also, get completely sidelined himself from Alameda, saying “I wasn’t running Alameda.”

(By Varinder Singh)