SBF: Consider Forming New Venture to Repay Investor Losses

The former CEO of FTX, SBF, said he’d be interested in forming a new venture aimed at paying back the customers he owes money to. "I would give anything to be able to do that. And I'm going to try if I can. I'm going to be thinking about how we can help the world and if users haven't gotten much back, I'm going to be thinking about what I can do for them. I think at the very least I have a duty to FTX users to do right by them as best as I can." SBF said in an interview with the BBC.

Previously, FTX may have "more than 1 million creditors" according to bankruptcy filings on Nov. 14 and estimates on how much FTX has potentially lost range from $10 billion to $50 billion.