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Sam Bankman-Fried admitted that FTX “sure should have” done more to protect customers’ money in an interview with Bloomberg. Bankman-Fried, the CEO of the cryptocurrency derivatives exchange, was responding to a recent incident in which a customer was able to withdraw seven times the amount of funds he had due to an order rejection glitch on the platform. Bankman-Fried said that the incident had happened due to a code issue and the exchange had taken steps to fix it and reimburse the affected customers. He also noted that the code issue will not reoccur as FTX has strengthened its protocols and compensation mechanisms to protect customer funds in the future.