If you do something to see if it works, and then it doesn't work, was that a valuable educational experience for you… — Sam Bankman-Fried Copy Share Image
FTX has shareholders and we have a duty to do reasonable things by them and I certainly feel more comfortable incinerating my… — Sam Bankman-Fried Copy Share Image
I wanted to get rich, not because I like money but because I wanted to give that money to charity. — Sam Bankman-Fried Copy Share Image
Ideally, I would want FTX to become the biggest source of financial transactions in the world. — Sam Bankman-Fried Copy Share Image
You pretty quickly run out of really effective ways to make yourself happier by spending money. — Sam Bankman-Fried Copy Share Image
I think that there are, in some ways, surprisingly little money in politics. — Sam Bankman-Fried Copy Share Image
It's hard to spend more than millions a year in an effective way on yourself, even if you wanted to. And I… — Sam Bankman-Fried Copy Share Image
The plan of 'be a bad actor and make a lot of money' is not actually a good plan, even if you're… — Sam Bankman-Fried Copy Share Image
When you think about yourself personally, about spending money on yourself, how much can you spend usefully on yourself? You can buy… — Sam Bankman-Fried Copy Share Image
I want FTX to be a place where you can do anything you want with your next dollar. You can buy bitcoin.… — Sam Bankman-Fried Copy Share Image
We have financial audits, both for FTX U.S. and FTX International. Each year. We have regulatory oversight, again, from a number of… — Sam Bankman-Fried Copy Share Image
I think it has historically been the case that crypto has been substantially more lightly regulated with much less oversight than traditional… — Sam Bankman-Fried Copy Share Image
The bitcoin network is not a payments network and it is not a scaling network. — Sam Bankman-Fried Copy Share Image
If you do something to see if it works, and then it doesn't work, was that a valuable educational experience for you - that… — Sam Bankman-Fried Copy Share Image
We've put a lot of attention and care into regulation and interfacing with regulators. — Sam Bankman-Fried Copy Share Image
FTX has shareholders and we have a duty to do reasonable things by them and I certainly feel more comfortable incinerating my own money. — Sam Bankman-Fried Copy Share Image
Just like an idle software, your brain is less efficient after a long break. — Sam Bankman-Fried Copy Share Image
The SEC is very likely going to end up regulating spot security token markets. — Sam Bankman-Fried Copy Share Image
Lack of trust is an enormous transaction cost, and I underestimated this when I first got into business. — Sam Bankman-Fried Copy Share Image
I wanted to get rich, not because I like money but because I wanted to give that money to charity. — Sam Bankman-Fried Copy Share Image
It is easy to get lulled into thinking that everything you do is all you can do - but you're not thinking more globally… — Sam Bankman-Fried Copy Share Image
We are the most regulated crypto exchange by far. We are regulated by some definition by more regulators than any exchange of any type. — Sam Bankman-Fried Copy Share Image