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CNBC Special: One-on-One with Sam Bankman-Fried 11/30/22

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Is BlockFi Going to Fail?

Alameda ended up returning the vast majority of its open boroughs of its marching positions with the borrow lending desks in the middle of this year anyway. At that point, I think the bigger thing was just not why the industry too implode. If, for example, BlockFi were to have failed? I don't think it would have had large direct impact. But clearly, I was not nearly cautious enough from a downside perspective from an extreme downside perspective.

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