Sam Bankman-Fried updates investors: ‘We got overconfident and careless,’ claims $13B leverage Post author:MiamiCrypto Post published:November 16, 2022 Post category:Bankruptcy / Business / Cryptocurrency Exchange / ftx / Sam Bankman-Fried “I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy. You Might Also Like $190B Ontario pension says no to crypto after FTX investment loss April 21, 2023 Eric Trump’s American Bitcoin now holds over 4,000 Bitcoin after acquiring 139 more November 7, 2025 Core Scientific sold $167M worth of Bitcoin holdings in June July 5, 2022