When’s the last time you misaccounted $8 billion dollars?

Good Old SBF is at it again. I want to start covering other stories, but the FTX collapse keeps on generating headline after headline, so I might as well continue.

SBF had a recent interview with Bloomberg, which consisted of 11 hours spent with SBF at his penthouse in the Bahamas. The interview paints a detailed picture of SBF’s demeanour as well as his character and of course, his environment. Sam started by saying the reason he took the interview is because we intends to make this right for everyone affect by the collapse and he cannot do that if he’s busy “covering his ass”. The whole interview is definitely worth a read but a few things stood out the most to me. Most of all SBF’s explanation that he simply “misaccounted” for $8 billion. I get it. It’s a very common mistake to misaccount $8 billion dollars, even among MIT graduates such as himself.

In between fundraising calls and a “rather awkward dinner”, the Bloomberg interviewer continues to prompt SBF to open up more about what really happened to the user funds. Sam seems to be married to the idea that it was his sloppiness all along that caused the FTX collapse. As the topic gets explored in more details, SBF reveals that he still intends to find the missing $8 billion. It is highly unlikely that SBF will ever make everyone whole again, and the interviewer…