Bankman-Freeid's Interview With Good Morning America

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Rama Swami says some people are taking it easy on Bankman-Freeid because his conduct hasn't exactly been dissimilar to some standard financial conduct. But others who were lacking clean hands back in 2008 are saying that, wait a minute, we got to be careful turning him into too bad of a guy," he said.

As the fallout from the FTX cryptocurrency scandal continues, the exchange’s embattled 30-year-old founder, Sam Bankman-Fried, has begun making the media rounds defending his actions. The company is facing legal consequences as tens of billions in digital assets have been wiped out — and around $2 billion in client funds are still unaccounted for. Daily Wire culture reporter Megan Basham digs into the what led to FTX’s downfall and what the wider impact might be on the financial markets. Get the facts first on Morning Wire.