![Legal professionals astonished as SBF admits failures, apologizes 12 times in interview](https://d1-invdn-com.investing.com/content/pica3b56cdafde44f352515e24c1ede890b.jpg)
Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times’ DealBook Summit on Nov. 30.
In a wide-ranging video interview, Bankman-Fried was asked to answer a number of questions surrounding the downfall of the now-defunct exchange, with some even suggesting that some of his statements could be used to incriminate him in legal proceedings.