FTX’s Bankman-Fried Says Collateral Crashed by $51 Billion

FTX’s Bankman-Fried Says Collateral Crashed by $51 Billion

FTX founder Sam Bankman-Fried apologized to staff in a letter that outlined a crash in “collateral” to $9 billion from $60 billion. Suvashree Ghosh reports on Bloomberg Television. Follow Bloomberg…