SBF: I did not manage Alameda and did not intentionally mix funds; Alameda's leverage was 10% a year ago

ChainCatcher news, SBF answered reporters' questions at the New York Times' annual DealBook summit. SBF stated that he only became aware of the issues after the FFT tweet was posted on November 6. Regarding the relationship between FTX and Alameda Research, SBF said, "I did not manage Alameda, I do not know what exactly happened, nor do I understand the size of their positions." He added, "I did not intentionally mix funds." Alameda Research had a leverage ratio of 10% a year ago, but it began to expand afterward. "No one is responsible for FTX's risk exposure / funding position risk; as of now, too many things are out of my control."

When asked how much money he has left, he said, "As far as I know, almost none; everything is in the company. I put all my money into FTX." Regarding the source of donations, SBF stated, "The amount of donations basically comes from profits, which is much less than Alameda's trading profits in previous years." On the lessons learned from this incident, SBF remarked, "You cannot promise anything to anyone." Additionally, he revealed that he is currently in the Bahamas and is considering going back to the U.S. (source link)