FTX Latest: Bankman-Fried Says He Will Speak at Event as Planned
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Sam Bankman-Fried said in a tweet that he would speak with the New York Times’ Andrew Ross Sorkin at the publication’s annual DealBook Summit next week. A spokesperson for the New York Times said it currently expects Bankman-Fried to participate in the interview from the Bahamas.
Coinbase Global Inc.’s junk bonds may have been an early warning sign of the FTX contagion. The largest US digital-asset trading platform has seen the price of its bonds plunge this year. The drop is mainly due to the crypto winter, but some industry participants said it was an omen.