Sam Bankman-Fried Launches Substack: ‘I Didn’t Steal Funds’

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Joining the ranks of other influential outcasts, FTX founder Sam Bankman-Fried launched a Substack on Thursday, in which he again proclaimed his innocence.

“I didn’t steal funds, and I certainly didn’t stash billions away,” he wrote.

The 30-year-old, currently under home detention at his parents’ house near Stanford, is accused of perpetrating a massive fraud and using customer deposits at FTX—his crypto exchange—to bail out his cryptocurrency hedge fund, Alameda Research.

Read more at The Daily Beast.