BEAMSTART Logo

Sam Bankman-Fried said that if he'd spent 'an hour a day' thinking about risk management FTX might not have collapsed

Business Insider LogoBusiness Insider2 mo ago

Sam Bankman-Fried said that if he'd spent 'an hour a day' thinking about risk management FTX might not have collapsed - Business Insider

Quick Summary:

"I wasn't spending any time or effort trying to manage risk on FTX," co-founder Sam Bankman-Fried told ABC News.

"I made a lot of mistakes," Bankman-Fried said at The New York Times' DealBook Summit on Wednesday.

"Like, I wasn't spending any time or effort trying to manage risk on FTX and that that was obviously a mistake".

or

Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-01 @ 13:17:33 (2 months ago)

News Timezone: GMT -5:00

Ranking: #713 (out of 6384 stories this day)

News Source URL: businessinsider.com

Language: English

Article Length: 447 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Insider

News ID: 2080309

View Article Analysis

About Business Insider

Business Insider Logo

Main Topics: EconomyBusiness

Official Website: businessinsider.com

Update Frequency: 66 posts per day

Year Established: 2007

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #64

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Sam Bankman-Fried said that if he'd spent 'an hour a day' thinking about risk management FTX might not have collapsed" has 447 words across 46 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Sam Bankman-Fried said that if he'd spent 'an hour a day' thinking about risk management FTX might not have collapsed" was covered 2 months ago by Business Insider, a news publisher based in United States.

How trustworthy is 'Business Insider' news outlet?

Business Insider is a fully independent (privately-owned) news outlet established in 2007 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 66 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #2080309
  • URL: https://beamstart.com/news/sam-bankman-fried-said-that-16699011011896

BEAMSTART brings you the latest news, database, and jobs from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting community events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2023 BEAMSTART. All Rights Reserved.