Sam Bankman-Fried does not believe he is legally responsible for the collapse of his FTX cryptocurrency empire that caused billions of dollars in losses . Still, he acknowledges that he has defied the wishes of his lawyers not to speak publicly. "I personally don't think so," Bankman-Fried explained when asked if he is held criminally responsible for FTX's implosion during the New York Times ' Dealbook conference on Wednesday. "It sounds strange to say it, but I think the real answer is that I don't focus on that. There will be a time and a place to think about myself and my own future, but I don't think it will be this one," he said. Bankman-Fried has vowed to "help" the millions of FTX customers and shareholders who lost money in the cryptocurrency exchange's collapse . In early November, Bankman-Fried resigned as CEO of FTX after the exchange faced a liquidity crisis and accusations of misusing client funds to prop up Bankman-Fried's cryptocurrency trading company, Alameda Research.
The company still owes its debtors $8 billion, and FTX's bankruptcy sent shockwaves through the cryptocurrency sector. Bankman-Fried has explained that her lawyers advised her not to speak about the situation. "It's the classic advice. Don't say Jamaica Mobile Number List anything; go into a hole," he confessed. "I have a duty to talk to people... I have a duty to do everything I can to try to do the right thing." FTX is now led by a new CEO, John Ray, who recently made it clear that Bankman-Fried is no longer an FTX employee and does not speak on behalf of the company. Bankman-Fried, who has remained in the Bahamas, where FTX was based, throughout this time, denied that he was avoiding the United States for fear of arrest, and said he had "thought" about returning.
The first thing you should do is record your expenses , according to 7 advisors who spoke with Business Insider Spain about how to start saving . Chen says this way you would clearly see where your money is going. Guide to start saving Guide to start saving. You can use applications like Fintonic, Mint or Rocket Money (some are only in English). These help you classify your expenses and automate payments. Although you could also start your record in Excel, following this step by step to create a personal budget . "If it's easy and intuitive for you, you're much more likely to stick with it and use it regularly. Consistency is key," adds Chad Rixse of Forefront Wealth Partners . From there, according to experts, it all comes down to the simple arithmetic of reducing spending and increasing savings.
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