Sam Bankman-Fried apologizes for the FTX crisis

crypto boss Sam Bankman-Fried has apologized for the crisis in his crypto exchange FTX and the sister trading company Alameda Research.

In a series of tweets published on Thursday, Bankman-Fried said: "I'm sorry. This is the biggest. I screwed it up and should have done it better."

In an update for the users, he said that FTX International has enough assets to cover the customer deposits, but some of them are very illiquid.

ftx International is the non-US exchange, and Bankman-Fried repeated the claim that all FTX.US users are "doing well".

Alameda Research hires the trade and the FTX boss admitted that he had “built crap twice”. The Chief Executive refused to rule out a possible future in the FTX. When FTX survives, Bankman-Fried said that his first priority will "be radical transparency-transparency that should probably always have existed".

further down in the Twitter-Thread Sparring partner ”, who is most likely head of the competing Stock Exchange Binance Changpeng Zhao. "Played well, you won," he said.