Twitter reacts to FTX founder's tweet, says he's talking at DealBook

28
2
Twitter reacts to FTX founder's tweet, says he's talking at DealBook

How did this dude steal billions of dollars and is now speaking at a summit as a free man? That was Twitter user WSBChairman responding to a late Wednesday tweet by disgraced FTX founder Sam Bankman-Fried, who confirmed he will participate in the New York Times DealBook Summit in November, where he will be interviewed by journalist Andrew Ross Sorkin.

Scam man. AnotherTwitter user, Alexand 56464660, replied to SBF and lost everything.

In a separate tweet, Sorkin said nothing is off limits when it comes to interviewing SBF. The journalist said that there are a lot of important questions to be asked and answered.

The furious responses from both SBF and Sorkin — who also got suggestions on questions to ask — were just a taste of the boiling rage from the investment world that the former CEO who is accused of mismanaging billions of dollars would appear at the prestigious DealBook gathering of high level executives, business and cultural leaders.

The 29 year old will be appearing alongside Larry Fink, chairman and CEO of BlackRock BLK, Reed Hastings, Netflix founder and CEO NFLX, Andy Jassy, Amazon.com's AMZN, Treasury Secretary Janet Yellen and Ukraine President Volodymyr Zelensky, to name a few.

Galaxy Digital CEO Mike Novogratz is one of those who are saying that why is he not in jail? He doesn't think he can recover $77 million in cash and digital assets in FTX when the whole enterprise fell apart. He said Wednesday that he thinks his day will come.

SBF has been accused of treating FTX as a personal fifdom in addition to potentially sparking more fallout, with the company's CEO Changpeng Zhao saying on Thursday that he expects to see a little bit of contagion. The Genesis company has recently been in the center of bankruptcy worries.

Why investors are worried about bigger problems with the Genesis meltdown?

A spokesman for the New York Times told MarketWatch that he is expected to be participating in the interview from the Bahamas, but those hoping to come face to face with SBF may be out of luck.