{"id":521817,"date":"2022-12-05T20:51:37","date_gmt":"2022-12-05T17:51:37","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bill-ackman-denies-defending-sam-bankman-fried-after-ftx-failure\/"},"modified":"2022-12-05T20:51:37","modified_gmt":"2022-12-05T17:51:37","slug":"bill-ackman-denies-defending-sam-bankman-fried-after-ftx-failure","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bill-ackman-denies-defending-sam-bankman-fried-after-ftx-failure\/","title":{"rendered":"#Bill Ackman denies defending Sam Bankman-Fried after FTX failure"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26b691ef3f7\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26b691ef3f7\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bill-ackman-denies-defending-sam-bankman-fried-after-ftx-failure\/#%E2%80%9CBill_Ackman_denies_defending_Sam_Bankman-Fried_after_FTX_failure%E2%80%9D\" >&#8220;Bill Ackman denies defending Sam Bankman-Fried after FTX failure&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CBill_Ackman_denies_defending_Sam_Bankman-Fried_after_FTX_failure%E2%80%9D\"><\/span>&#8220;Bill Ackman denies defending Sam Bankman-Fried after FTX failure&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>Billionaire investor Bill Ackman pushed back on claims he was defending Sam Bankman-Fried after tweeting the crypto huckster\u2019s excuses for FTX\u2019s collapse were \u201cbelievable.\u201d<\/p>\n<p>The Pershing Square\u00a0Capital Management boss turned heads last week after saying, \u201cCall me crazy, but I think @sbf\u00a0is telling the truth\u201d \u2013following Bankman-Fried\u2019s lengthy interview at the New York Times DealBook Summit.<\/p>\n<p>Ackman, worth an estimated $3.5 billion according to Forbes, tried to clarify his comments on Saturday.<\/p>\n<p>\u201cI was in attendance \u2026\u00a0and tweeted that I found SBF believable.\u00a0Many have interpreted my tweet to mean that I am defending SBF or somehow supporting him. Nothing could be further from the truth,\u201d the hedge fund big tweeted.<\/p>\n<p>He added in the tweet thread that the FTX scandal was the worst case of \u201cgross negligence\u201d he\u2019s ever seen.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/Bill-Ackman-55.jpg?w=1024\" alt=\"bill Hackman\" class=\"wp-image-24897526\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/Bill-Ackman-55.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/Bill-Ackman-55.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/Bill-Ackman-55.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Hedge fund billionaire Bill Ackman has claimed he was never defending Sam Bankman-Fried.<\/figcaption><figcaption><span class=\"credit\">Bloomberg via Getty Images<\/span><\/figcaption><\/figure>\n<p>\u201cThe @FTX_Official fiasco is, at a minimum, the most egregious, large-scale case of business gross negligence that I have observed in my career, and that conclusion is reinforced by SBF\u2019s recent public statements,\u201d Ackman tweeted.<\/p>\n<aside class=\"single__inline-module alignright\">\n    <\/aside>\n<p>Bankman-Fried denied any wrongdoing during Wednesday\u2019s interview with Andrew Ross Sorkin, saying, he did not \u201cknowingly commingle\u201d funds between his crypto exchange and FTX\u2019s sister trading firm Alameda Research. <\/p>\n<p>\u201cClearly I made a lot of mistakes. There are things I would give anything to be able to do over again. I did not ever try to commit fraud on anyone,\u201d Bankman-Fried said. <\/p>\n<p>Ackman did note Saturday that if Bankman-Fried \u201cis telling the truth, it may make it more likely that he has civil rather than criminal liability.\u201d <\/p>\n<p>Ackman\u2019s efforts to reinterpret his comments were met with incredulity. Popular financial meme account Liquidity commented, \u201csick backpedal.\u201d <\/p>\n<p>Another account that monitors trading activity \u2014 Unusual Whales \u2014 posted a screenshot from early November where Ackman <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lauded Bankman-Fried for \u201chis accountability.\u201d <\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/bankman-fried-75.jpg?w=1024\" alt=\"Sam Bankman-Fried\" class=\"wp-image-24897573\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/bankman-fried-75.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/bankman-fried-75.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/bankman-fried-75.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Sam Bankman-Fried said he did not \u201cknowingly comingle\u201d funds between Alameda and FTX.<\/figcaption><figcaption><span class=\"credit\">Bloomberg via Getty Images<\/span><\/figcaption><\/figure>\n<p>Ackman said he had \u201cnever before seen a CEO take responsibility\u201d the way Bankman-Fried did.<\/p>\n<p>A spokesperson for Pershing square did not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely respond to request for comment.<\/p>\n<p>FTX \u2014 which filed for bankruptcy Nov. 11 \u2014 is <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/sec-investigates-crypto-platform-ftx-11668020379\">facing investigations<\/a> from the US Securities and Exchange Commission and The Department of Justice.\n                        <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/12\/05\/bill-ackman-denies-defending-sam-bankman-fried-after-ftx-failure\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Bill Ackman denies defending Sam Bankman-Fried after FTX failure&#8221; Billionaire investor Bill Ackman pushed back on claims he was defending Sam Bankman-Fried after tweeting the crypto huckster\u2019s excuses for FTX\u2019s collapse were \u201cbelievable.\u201d The Pershing Square\u00a0Capital Management boss turned heads last week after saying, \u201cCall me crazy, but I think @sbf\u00a0is telling the truth\u201d \u2013following&#8230;<\/p>\n","protected":false},"author":1,"featured_media":521818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/newspress-collage-24896775-1670262462776.jpg?quality=75&strip=all&1670245100&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[135234,89897,136779,70885,71070,80765,70360],"class_list":["post-521817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ftx","tag-sam-bankman-fried","tag-12-5-22","tag-bill-ackman","tag-hedge-funds","tag-pershing-square","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/521817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=521817"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/521817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/521818"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=521817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=521817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=521817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}