Prone FTX CEO Sam Bankman-Fried claims he became unaware that there became a commingling of funds between FTX and Alameda Learn.

In an interview with Andrew Ross Sorkin at the DealBook Summit on Wednesday, Bankman-Fried said he “didn’t knowingly commingle funds” when requested whether or no longer FTX client funds bear been despatched to the buying and selling firm Alameda from the alternate.

Bankman-Fried went on to snort he became shocked by how substantial Alameda’s location became, calling it a “failure of oversight” on his piece.

Sorkin then requested Bankman-Fried about Alameda CEO Caroline Ellison’s remarks in an organization assembly reported by The Wall Avenue Journal, the assign Ellison rapid staffers that Alameda weak FTX client funds to quilt loans that bear been being recalled which ability of the LUNA-induced credit rating crunch. Ellison reportedly disclosed that besides herself, Bankman-Fried, weak FTX CTO Gary Wang , and weak director of engineering Nishad Singh bear been responsive to the usage of buyer funds in this arrangement.

“What it appears take care of came about, within the heart of the year…a lot of the borrow/lending desks within the assign blew out or closed down. It appears take care of Alameda had margin positions opened with them, and they also moved a bunch of that over to FTX this year after they shut down,” said Bankman-Fried.

The weak FTX CEO claims to be recounting these events by piecing together recordsdata over the closing month, given his “puny rep precise of entry to to recordsdata.”

When requested how he reconciled these events with his statements made on Twitter closing month referring to the scenario as an $8 billion accounting mistake, Bankman-Fried said he thinks there became a “huge discrepancy” between what the correct financials bear been and what the dashboards they’d displayed for Alameda’s myth.

“That’s one in all the reasons that I became shocked, when we dug into all the pieces, at how substantial that [Alameda’s] location had became,” he said.

Bankman-Fried’s comments sparked an outcry from several contributors of the crypto neighborhood, most of whom perceived his statements as a strategy of feigning lack of knowledge.