We have financial audits, both for FTX U.S. and FTX International. Each year. We have regulatory oversight, again, from a number of the largest jurisdictions in the world. — 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
