FTX's Sam Bankman-Fried and Brett Harrison Respond to FDIC's Allegations of ‘False Statements'

Top executives at crypto exchange giant FTX are responding to allegations of misleading statements from the Federal Deposit Insurance Corporation (FDIC). FTX CEO Sam Bankman-Fried tells his 761,000 Twitter followers the crypto exchange platform is not FDIC-insured and that only the banks they work with are.