Black Swan author Nassim Nicholas Taleb says former CEO of FTX Sam Bankman-Fried is incapable of incriminating himself

Sam Bankman- Fried is incapable of moving his lips without incriminating himself, said Black Swan author Nassim Nicholas Taleb Wednesday.

What Happened: Taleb made a comment on Bankman-Fried, the former CEO of the FTX, in a Twitter post.

Taleb compared Bankman- Fried to garrulous characters who only show up in the middle of a Russian novel in a separate tweet. Peter Steppe, an author, businessman, and entrepreneur, suggested Bankman- Fried was a character from The Brothers Karamazov a novel by Fyodor Dostoevsky that explored the concept of free will.

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Why It Matters: Bankman- Fried appeared at the DealBook Summit on Wednesday and said I unknowingly cameled customer funds and Alameda Research funds. Taleb has criticized FTX FTT USD and cryptocurrencies after the exchange suffered a liquidity crisis.

The author, mathematical statistician and former options trader, said earlier in the month that there was no crisis in cryptocurrencies because that is reserved for something that has a hard intrinsic value. The FTX crisis caused Bitcoin BTCUSD andEthereum ETHUSD to fall by 16.3% and 15.1% over November.

Taleb said Bankman- Fried got temporarily rich because he is both aggressive and clueless about finance. Read Next: Did Black Swan' Author compare Vitalik Buterin To A Funeral Home Director Dressed In '' Pre-Owned Ill-Fitting Pajamas?