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Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter

The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.

Sam Bankman-Fried and Bill Clinton at the Crypto Bahamas conference in Nassau in April 2022 (Danny Nelson/CoinDesk)
Sam Bankman-Fried and Bill Clinton at the Crypto Bahamas conference in Nassau in April 2022 (Danny Nelson/CoinDesk)