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FTX founder SBF was interviewed for the first time after being sentenced! I never thought I was breaking the law! planning appeal

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2024-04-02 12:52:011240browse

FTX founder SBF was interviewed for the first time after being sentenced! I never thought I was breaking the law! planning appeal

According to reports, FTX exchange founder Sam Bankman-Fried (SBF) has been charged with seven counts of wire fraud. According to the U.S. Federal District Court verdict, he was sentenced to 25 years in prison and had more than $11 billion in assets confiscated. The judge recommended that SBF be placed in a prison close to his family's home in the San Francisco Bay Area.

SBF was interviewed for the first time after being sentenced

After SBF was sentenced, he was interviewed by ABC News for the first time last weekend. "I never thought that what I did was illegal, but I tried to hold myself to a high standard, and of course, I didn't meet that standard," he said in response to questions via email from the Metropolitan Detention Center in Brooklyn.

When Judge Lewis Kaplan handed down the sentence, he criticized the defendant for failing to express remorse for the crime. But SBF stated that he certainly felt remorse: "I have heard and seen the despair, frustration and betrayal of thousands of customers. They deserve to be paid in full. At the current currency price, it may be possible in November 2022 If we can pay compensation, we should pay compensation now. It is really painful to see them waiting day after day."

SBF said he felt the pain of his colleagues because he wasted them Despite everything, he also felt the pain of the charities he supported, whose reputational damage his funding had caused.

SBF, he is troubled by what he lost every day, he never wanted to hurt anyone, or take anyone's money, but he executed FTX's long, against FTX Taking responsibility for the situation, he was willing to do anything to help repair even a small amount of damage: I tried my best in prison, but it was very frustrating to be unable to do more.

SFB plans to appeal

Against the 25-year sentence, SBF said his defense team plans to appeal later this year on the grounds that Certain trial testimony "grossly misrepresented what actually happened" and his defense team "was not allowed to present key evidence or provide important witnesses."

The SBF did not provide specific details about the appeal, stressing that he did not want to affect the defense team's legal strategy.

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