Crypto Biz: Institutions Short Bitcoin as SBF 'Deeply Sorry' for FTX Collapse

Crypto Biz: Institutions Short Bitcoin as SBF ‘Deeply Sorry’ for FTX Collapse

FTX’s monumental collapse will go down as one of the greatest corporate scandals of all time. But, at least Sam Bankman-Fried, or SBF, is sorry. On Nov. 22, the disgraced founder of FTX wrote a letter to his former employees outlining his role in the company’s bankruptcy. “I never wanted this to happen,” he wrote. …

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