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Sam Bankman-Fried says he ‘got a little cocky’ before FTX collapsed

Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not going quietly. In back-to-back interviews, he’s portrayed himself as a clumsy and repentant businessman.

“I think I got a little cocky — I mean, more than a little bit,” he told ABC’s George Stephanopoulos in an interview on Good Morning America.

A key question for Bankman-Fried is whether FTX, his crypto exchange platform, misappropriated customers’ money when it lent billions of dollars to his hedge fund, Alameda.

Bankman-Fried, echoing comments he also made to The New York Times on Wednesday, denied knowing of any improper transfers of customer funds between the exchange and Alameda.

I really deeply wish that I had taken like a lot more responsibility for understanding what the details were of what was going on there,” he told Stephanopoulos. “A lot of people got hurt, and that’s on me.”

Since Bankman-Fried’s nearly overnight turn from crypto celebrity to pariah, commentators have drawn comparisons to Bernie Madoff, the financier convicted of running a multi-billion-dollar Ponzi scheme that defrauded thousands of investors.

I don’t think that’s who I am at all, but I understand why they’re saying that,” Bankman-Fried told Stephanopoulos. “When you look at the classic Bernie Madoff story, there was no real business there … FTX — that was a real business.”

His ABC interview, recorded in The Bahamas last week, aired just hours after Bankman-Fried’s with The New York Times Wednesday evening. In that interview, Bankman-Fried said he “didn’t ever try to commit fraud on anyone,” while admitting he made mistakes as chief executive.

Bankman-Fried resigned as CEO of FTX after it and dozens of affiliated companies filed for bankruptcy November 11, in one of the most stunning corporate implosions ever. Almost overnight, customers around the world were left scrambling to recover billions of dollars in funds that they’d deposited on the platform. Bankman-Fried’s own multibillion-dollar person.

The collapse of FTX is under investigation by federal prosecutors for the Southern District of New York, according to a person familiar with

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Five of Sony’s ‘Spider-Man’ movies are coming to Disney+

Disney+ has announced that six Spider-Man films and the 2018 film “Venom” will be launching on the streaming service in the United States. Tobey Maguire’s trilogy of “Spider-Man,” “Spider-Man 2” and “Spider-Man 3” and Andrew Garfield’s “The Amazing Spider-Man” will arrive on the platform tomorrow, while Tom Holland’s “Spider-Man: Homecoming” and Tom Hardy’s “Venom” will arrive on May 12.

The launches will be a welcome addition to the platform for Marvel fans, especially since the vast majority of Marvel movies are already on the streaming service.

It’s worth noting that the list is missing a few Spider-Man movies, as “The Amazing Spider-Man 2,” “Spider-Man: Far From Home” and “Spider-Man: No Way Home” aren’t included. These films will likely hit the streaming service sometime in the future, considering that Disney+ said in a press release that additional titles from Sony Pictures’ film and television library are expected to premiere on the platform later this year.

Today’s news isn’t surprising, given that Sony and Disney announced a deal back in 2021 to bring Spider-Man and other films to Disney+.

 

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Teen goes from high school football standout to wanted fugitive for liquor store murder

The Palm Beach Sheriff’s Office announced on Tuesday that a former Palm Beach Central High School football standout is now a 19-year-old wanted fugitive.

Detectives accused Brandon Mackenzie Frazier of fatally shooting a man at about 6:40 p.m., on March 21, at 777 Liquors, at 3613 S. Military Trail, in the Lake Worth Corridor area.

Frazier doesn’t have a criminal record. Palm Beach County court records show deputies arrested him late last June, but prosecutors later decided to drop the case.

Deputies reported finding the victim dead inside the 777 Liquors store. And about three weeks after the shooting, a judge issued a warrant for Frazier’s arrest on charges of first-degree murder with a firearm and shooting within an occupied dwelling.

Frazier, who is over 6 feet tall, played football as both a cornerback and free safety in high school, according to his Hudl profile. When he was a junior, New Era Prep reported he was the “No. 5 bubble player in Palm Beach County,” which meant he was “on the cusp of having a true breakout moment at some point.”

Frazier’s tweets from 2019 to 2021 show him working hard on the football field, wearing his 22 Broncos shirt, getting invitations to football camps, and visiting the University of Miami. The teen was in Palm Beach Central’s class of 2021.

Nearly two years after he left the school, Palm Beach Sheriff’s Office deputies distributed a flyer with his picture offering a $3,000 reward for information leading to his arrest for the murder.

 

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Dafoe’s ‘Inside’ asks how art helps us escape isolation

LOS ANGELES – Willem Dafoe has said that, for him, the process of making a movie always eclipses the finished product.

But after more than 130 film credits, the 67-year-old actor has finally found a project whose final form is on par with the experience of creating it.

“When I watch this movie, I say, ‘Okay, I feel like I’m there again,’” he said. “Although there’s lots of stuff that we had invented that gets cut out, it feels like the making of it.”

That assertion is impressive, given how much “Inside,” Vasilis Katsoupis’ fiction directorial debut, asked of its lead and virtually only actor.

“It really required a lot of different states and different approaches, I would say. But it was great fun,” Dafoe recalled.

Set entirely inside a single apartment and with no foils for Dafoe’s character to rely on, “Inside” is completely dependent on his performance, which is so compelling you forget he is the only person on screen for the better part of 100 minutes.

It follows an art thief named Nemo (Dafoe) who gets trapped inside a collector’s apartment during a botched heist. Nemo is pushed to his limits, braving extreme temperatures, flooding and limited access to food and water, all within the confines of a luxury Manhattan apartment.

Despite the physical and psychological toll that Nemo suffers throughout the film, Dafoe said he was able to distance himself from his character’s tribulations.

“You’re going to some maybe dramatic places or some difficult places, but you’re also enjoying the interplay with the other people,” he said. “You’ve got the camera, you’ve got the film language behind you, so you’re playing with these things.”

More than just a psychological thriller, “Inside” considers the ways in which art rescues humans in modern society from an isolated existence — a way out from being trapped inside of ourselves. Through his meditations on William Blake’s “The Marriage of Heaven and Hell,” Nemo discerns that liberation can only be attained through creation.

For Dafoe, the philosophical exploration of the human relationship to art was not as apparent in the script, but “really came out in the doing of it,” the actor recalled, reflecting on the ways he found beauty in making art pieces for the film.

“That was so enjoyable. You lose yourself in those things. You don’t necessarily know what they’re for, but they feel so useful and so healthy and so necessary,” he said.

“There are certain things that are purely physical, and you don’t always get to do these scenes with no dialogue,” he said. “Meditative sections that you’re really by yourself and there’s nothing to accomplish.”

And while the specifics of the plot of “Inside,” which wrapped filming in June 2021, may not ostensibly feel universal, almost everyone on this side of the coronavirus pandemic will relate to the film’s scant human interactions, vague conception of time and claustrophobic cinematography.

“Inside” hits theaters March 17.

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