Sam Bankman-Fried Issues First Response to FTX Case: ‘I Didn’t Steal Funds’

Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, in New York, on Jan. 3, 2023. Photo by Ed Jones/AFP via Getty Images

The founder and former CEO of FTX, Sam Bankman-Fried, promised that customers could get their money back in his first statement since his arrest in the Bahamas.

“I didn’t steal funds, and I certainly didn’t stash billions away,” Bankman-Fried said in a Jan. 12th statement on his Substack blog, titled “FTX Pre-Mortem Overview.”