What Happened at FTX? Is It a Ponzi Scheme?

"I made a lot of mistakes or things I would give anything to be able to do over again," Sam Zell says. "At the end of the day, I was CEO of FTX. And that means whatever happened,. whatever happened, I had a duty ... to do right by [stakeholders] and regulators in the world" He adds: "I didn't ever try to commit fraud on anyone." A month ago, he saw his company as a thriving growing business.