{"id":150440,"date":"2022-11-17T16:25:14","date_gmt":"2022-11-17T22:25:14","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/11\/defiant-sam-bankman-fried-declares-he-has-2-weeks-to-raise-8b-after-ftx-bankruptcy"},"modified":"2022-11-17T16:25:14","modified_gmt":"2022-11-17T22:25:14","slug":"defiant-sam-bankman-fried-declares-he-has-2-weeks-to-raise-8b-after-ftx-bankruptcy","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/11\/defiant-sam-bankman-fried-declares-he-has-2-weeks-to-raise-8b-after-ftx-bankruptcy","title":{"rendered":"Defiant Sam Bankman-Fried declares he has \u20182 weeks to raise $8b\u2019 after FTX bankruptcy"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/defiant-sam-bankman-fried-declares-he-has-2-weeks-to-raise-8b-after-ftx-bankruptcy2.jpg\"><\/a><\/p>\n<p>\u2018I was one of the world\u2019s greatest fundraisers; now I\u2019m the fallen wreckage of one.\u2019<\/p>\n<p>Sam Bankman-Fried (SBF), the former chief executive of the bankrupt cryptocurrency exchange Futures Exchange (FTX), has asserted that FTX is still solvent and plans to raise money even while the formal bankruptcy procedure is underway.<\/p>\n<p>\u201cI have 2 weeks to raise $8 billion; that\u2019s basically all that matters for the rest [of] my life.\u201d he wrote, responding to a question about his plans.<\/p>\n<hr>\n<p>Tom Williams\/CQ-Roll Call, Inc\/Getty Images.<\/p>\n<p>In a Twitter chat with the Vox news reporter on Wednesday, the fallen chief showed defiance, claiming that raising $8 billion to compensate account holders is currently his top priority.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018I was one of the world\u2019s greatest fundraisers; now I\u2019m the fallen wreckage of one.\u2019 Sam Bankman-Fried (SBF), the former chief executive of the bankrupt cryptocurrency exchange Futures Exchange (FTX), has asserted that FTX is still solvent and plans to raise money even while the formal bankruptcy procedure is underway. \u201cI have 2 weeks to [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1761,20],"tags":[],"class_list":["post-150440","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies","category-futurism"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/150440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=150440"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/150440\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=150440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=150440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=150440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}