Was Sam Bankman-Fried a Fool or a Fraud?

The ex-billionaire who founded FTX, the now-failed crypto exchange, planned to tell Congress on Tuesday that he was“ sorry” and that he had“ fucked up.” But Bankman-Fried also apparently wanted pity and sympathy for his own downfall. “Last year, my net worth was valued at $20 billion,” he wrote in remarks prepared for the House Financial Services Committee.“ Today, I would…