Bill Ackman Says Recent Comments on SBF Were Misinterpreted
- FTX collapse is ‘most egregious’ case of negligence: Ackman
- Bankman-Fried has denied fraud while admitting to errors
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Bill Ackman said Saturday that his recent comments on Sam Bankman-Fried were misinterpreted.
Ackman, founder and chief executive officer of Pershing Square Capital Management LP, faced criticism after he tweeted on Nov. 30 that he believed SBF, as the founder of crypto exchange FTX is known, was telling the truth at the New York Times Dealbook Summit. Bankman-Fried denied trying to perpetrate a fraud, while acknowledging many errors at the helm of the company.