FTX founder Sam Bankman-Fried will speak at the New York Times’ annual DealBook Summit alongside Ukrainian President Volodymyr Zelensky and US Treasury Secretary Janet Yellen despite the ongoing investigation into his failed venture FTX.
The one-day event, taking place Nov. 30, will be hosted by Andrew Ross Sorkin, Times columnist and founder and editor of DealBook who also won an Emmy Award for Outstanding Live Interview, the magazine announcement Last week.
“The one-day event will feature a cast of today’s top business and political leaders on a single stage,” reads the announcement, which also lists SBF as the speaker.
Other notable interviewees and speakers include New York City Mayor Eric Adams, TikTak CEO Shou Chew, Amazon Chairman and CEO Andy Jassy, Meta Founder and CEO Mark Zuckerberg, and Volodymyr Zelensky. and US Treasury Secretary Janet Yellen.
SBF also confirmed the news in a recent tweet in response to a post from the popular crypto Twitter account Bitcoin Archive which quoted part of the founder’s recent letter to FTX employees.
“I will speak with Andrew Ross Sorkin at the Deal Book Summit next Wednesday,” SBF said, ostensibly suggesting he would elaborate during his speech at the summit.
SBF sends apology letter to employees
In an apology letter sent by SBF, the former CEO of FTX blamed his “irrational decisions” on “sh—y” circumstances for the collapse of FTX, once the world’s third-largest crypto exchange.
“I’ve lost track of the most important things in the turmoil of company growth. I care deeply about all of you, and you were my family, and I’m sorry,” SBF says, according to a copy of the letter share by CNBC.
In the letter, SBF again asserted that it was about to save the crypto exchange. He said they received “a potential interest in billions of dollars in funding” just eight minutes after signing the Chapter 11 bankruptcy document.
“Between those funds, the billions of dollars in collateral the company still held, and the interest we had received from other parties, I think we probably could have returned great value to customers and saved the company,” he said. he added.
Speculation around the health of FTX and Alameda increase in early November, as reports surfaced that the investment firm’s balance sheet was loaded with FTT tokens, the native token of FTX. November 11, FTX announcement that he had filed for Chapter 11 bankruptcy in Delaware, ending his desperate attempt to raise funds.