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

Squawk Pod

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Is There a Conflict of Interest Between Alameda and FTX?

Alameda had made trading profits over the last few years. FTX had been a profitable growing business. I didn't have the bandwidth to run two companies at once. And so it was pretty intentional about not being very involved in what was happening at Alameda. When did the commingling of assets begin? So, and again, traders had open margin positions on FTX.

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