In a rambling 250-page document written while under house arrest, Sam Bankman-Fried concluded: “I was broke and wearing an ankle monitor. , one of the most hated people in the world.”
The 15,000-word self-reflection was formatted as a series of Twitter posts (although the site is now called X) and was written by the FTX founder on Twitter. on house arrest at his parents’ home in Palo Alto.
The cryptocurrency exchange founder wrote the post, which was accompanied by links to music videos by the likes of Rihanna, Katy Perry and Alicia Keys, before his bail was revoked and he was ordered to pay August 11, Federal Prison.
Bankman Fried has pleaded not guilty to charges brought by the U.S. Department of Justice that it misappropriated customer funds from collapsed cryptocurrency exchange FTX for the purposes of its affiliated trading firm Alameda Research.
Bankman-Fried also denied further charges brought in March, including conspiracy to launder money, illegal political donations and bribing Chinese officials.
In the new document, Bankman-Fried seeks to uncover and prove FTX’s nearly $9 billion implosionsent to Social media cryptocurrency influencer Tiffany Fong.
Fong, who previously published interviews with Bankman-Fried, turned over the documents to New York TimesShe told the outlet she believed she obtained the document because she did not work for anyone and could draw her own conclusions from the report.
Fong said she herself lost money in Celsius Network’s $5 billion collapse and sympathized with those who suffered losses due to FTX, adding that she was skeptical of Bankman-Fried’s claims.
Mr. Feng has contacted wealth for comment.
In a detailed excerpt era In the report, Bankman-Fried paints a picture of a remorseful character, weaving childhood memories and mathematical equations into the account.
The 31-year-old, who is due to stand trial next March, ultimately said, “The truth is, I did what I thought was right,” after criticizing members of his close circle.
A representative for Bankman-Fried did not immediately respond. of wealth Request for comment.
‘Being an ex doesn’t help’
In documents seen by the bank, Bankman-Fried also made a series of accusations against his ex-girlfriend, Alameda CEO Caroline Ellison. era.
One of the charges was that Ellison – who plead guilty Seven charges related to fraud and money laundering – avoided talking about risk management “until it was too late” and was said to have cried at the meeting.
In a document titled “Alameda Hedge Failed,” Bankman-Fried wrote: “Every time I suggested it, it just made her feel worse. I’m sure being an ex didn’t help. “
Ellison’s attorney did not immediately respond. of wealth Request for comment.
The cryptocurrency boss has previously been accused of trying to discredit Ellison, who will be a key witness in his trial, by calling him a “jilted lover.”
Copies of Ellison’s diary have previously fallen into the hands of the U.S. government New York Times This summer, prosecutors called it an attempt to “publicly discredit government witnesses.”
Representatives for Bankman-Fried did not respond to Fortune’s request for comment at the time.
Google Docs written and shared by Ellison era Portraying her as overwhelmed and insecure. “Running Alameda is not like me she reportedly wrote in an article.
In another post, she worried about “making things weird” with Bankman-Fried, who founded FTX in 2019, and about “causing drama” between them.
“I firmly believe in not lying”
Bankman-Fried’s excerpt also offers a glimpse into the kind of person a judge might see on the witness stand: a man growing his business in his parents’ home, a man struggling with love, a man who believes he can finally Someone who will do their best.
The recount in the form of tweets includes personal photos and 29 other documents related to FTX: Attack on corporate bankruptcy lawyers, screenshots of Christopher Nolan and others Inception movies, and there are even links to Bankman-Fried’s Amazon purchases starting in 2021.
this era Part of the account also discusses his growth with FTX: from his home to a penthouse in the Bahamas, not far from the company’s headquarters.
Likewise, reflecting on his relationship with Ellison, he said the pair ended “like how most of my relationships end,” adding: “They wanted more intimacy and commitment and publicity than I did. The visibility, I feel claustrophobic.”
Bankman-Fried also used the account to deny that he had misused FTX funds.according to era In a document titled “The Truth,” he wrote: “In general, I’m not going to lie. This is something I believe in quite firmly.”
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