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France 24

Business

Charles PELLEGRIN

Founder of collapsed crypto exchange insists he 'didn't ever try to commit fraud'

Crypto Chevron FTX Oil Venezuela

BUSINESS DAILY © FRANCE 24

Once a darling in the business and tech world, Sam Bankman-Fried has become a pariah. The founder of crypto exchange FTX, which declared bankruptcy last month, has given his first media interview since his platform collapsed. He denied any intention to commit fraud and pleaded ignorance at the mismanagement of user funds. Also in the show, we take a look at the struggles facing Venezuela's oil industry, even as US energy giant Chevron resumes some operations in the country.

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