"FTX Founder Sam Bankman-Fried Breaks Silence on 25-Year Prison Sentence"

1 min read
Source: New York Post
"FTX Founder Sam Bankman-Fried Breaks Silence on 25-Year Prison Sentence"
Photo: New York Post
TL;DR Summary

Sam Bankman-Fried, the former crypto king sentenced to 25 years for leading a massive fraud, claimed in his first interview from prison that he didn't believe his actions were illegal but expressed remorse for the harm caused. He acknowledged the despair of customers and the impact on former colleagues and charities, vowing to do what he can from prison. Bankman-Fried also criticized the legal process and plans to appeal his sentence, while the judge has ordered him to repay over $11 billion to FTX's users, investors, and lenders.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

89%

78388 words

Want the full story? Read the original article

Read on New York Post