In an interview with journalist Andrew Ross Sorkin at The New York Times’ DealBook Summit Wednesday, the former FTX CEO continued to portray the collapse of the Bahamas-based crypto platform as the result of market conditions and sloppy accounting, saying he “didn’t knowingly commingle funds.” (The Logic)

Talking point: Bankman-Fried is taking an unorthodox approach to crisis management, agreeing to a string of interviews in the aftermath of the company’s bankruptcy in recent days. Bankman-Fried’s lawyers are “very much not” on board with his open book approach, he told Sorkin. The tactic appears to be winning some people over; others are less impressed. FTX allegedly transferred billions in customer funds to its sister trading firm Alameda Research, while a bankruptcy court filing suggests Alameda had a secret advantage when making risky leveraged trades on the platform. Is Bankman-Fried worried about potential criminal charges? “That’s not what I’m focusing on,” he told Sorkin. Meanwhile, the chair of the U.S. Commodity Futures Trading Commission is pushing for new rules to limit conflicts of interest on crypto platforms.