At the same time, the US Treasury Secretary compares the crash to that of Lehman Brothers.
When FTX was at its peak, the company was valued at $32 billion.
Now the company has debts of just over 3 billion dollars - close to 31 billion kroner - dollars to the 50 largest creditors.
At a conference organized by the Financial Times, Sam Bankman-Fried, the former golden boy of the crypto world, told about when his crypto exchange FTX crashed and was forced to file for bankruptcy protection.
Denies fraud allegations
On a link from the Bahamas, he admitted that there were serious flaws in how the company was managed.
- I have made many mistakes.
There are things I would have given anything to go back and redo, he said.
He believed he should have focused more on managing risk and protecting customers.
However, he rejected accusations that it was a fraud.
Hole in the balance sheet
Since the crash on November 11, a series of question marks have emerged around FTX, for example around a hole in the balance sheet of 8 billion dollars.
However, Sam Bankman-Fried did not give an answer to exactly where the customers' money has ended up and where the missing billions have gone during the interview.
He and the company are now being investigated by American authorities and he risks a series of lawsuits.