FTX collapse: Bankman-Fried regrets filing for bankruptcy

FTX collapse: Bankman-Fried regrets filing for bankruptcy

Sam Bankman-Fried will not remain silent, despite lawsuits from aggrieved customers and investigations by regulators.

The founder of the cryptocurrency exchange FTX is determined to give his version of his downfall at any cost. After publicly apologizing a few days ago, he just issued his mea culpa to his former employees.

The most surprising statement in this apology letter, dated Nov. 22, is when the former trader says he regrets filing for Chapter 11 bankruptcy for his empire, which consists of FTX and Alameda Research, a hedge fund that doubles as a trading platform .

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