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Bankman-Fried Says Was ‘Shocked’ by What Happened to FTX

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Sam Bankman-Fried, the disgraced founder of the bankrupt FTX, says he was "shocked" by what happened to the crypto empire. The 30-year-old spoke Wednesday by video link at the New York Times DealBook Summit. Meanwhile, BlackRock Inc. Chief Executive Officer Larry Fink said most crypto companies will probably fold in the wake of FTX's collapse. Annabelle Droulers reports on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en

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