Press Release: FTX Founder Sam Bankman-Fried Says He Can’t Account For Billions Sent To Alameda - WSJ

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 Press Release: FTX Founder Sam Bankman-Fried Says He Can’t Account For Billions Sent To Alameda - WSJ
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Dec 3 (Reuters) -


* FTX FOUNDER SAM BANKMAN-FRIED SAYS HE CAN’T ACCOUNT FOR BILLIONS SENT TO ALAMEDA -WSJ

* FTZ'S BANKMAN-FRIED SAID HE DIDN’T REALIZE THE SIZE OF ALAMEDA’S TRADES AT FTX DUE TO FLAWED INTERNAL SYSTEMS - WSJ

* BANKMAN-FRIED SAID HE WAS TOO SWAMPED WITH WORK AS FTX'S HEAD AND TOO DISTRACTED BY OTHER PROJECTS TO PAY ATTENTION TO RISKS WELLING UP IN FTX- WSJ

* BANKMAN-FRIED SAID HE HAD STEPPED BACK FROM RUNNING ALAMEDA AND HAD LITTLE INSIGHT INTO ITS WORKINGS EVEN THOUGH HE OWNED 90% OF IT- WSJ Source text: on.wsj.com/3B9fytA

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