In a recent email interview with ABC News from the Metropolitan Detention Center in Brooklyn, Sam Bankman-Fried, the founder and former CEO of now-defunct cryptocurrency exchange FTX, expressed his disapproval of his actions that led to a 25-year prison sentence. remorse. last week for fraud.

During sentencing, U.S. District Judge Lewis Kaplan said Bankman-Fried showed “no remorse” for his “horrible crime.” However, Bankman-Fried said in the interview:

This is what I think about most every day. It never occurred to me that what I was doing was illegal. But I tried to hold myself to a high standard and I certainly didn’t live up to that standard.

Bankman-Fried acknowledged the sense of despair, frustration and betrayal felt by thousands of FTX customers and insisted they should be paid in full at current prices. He attributed FTX’s bankruptcy to several “bad decisions” he made in 2022, noting that customers “could and should have” been paid that year and found it “unsettling to see them wait day after day.” It’s painful”. The former CEO of FTX expressed deep regret:

I am haunted every day by what I have lost. I never meant to hurt anyone or take anyone’s money. But I’m the CEO of FTX, I’m responsible for what happens in the company, and when you’re responsible, it doesn’t matter why things went bad. I would give anything to help repair even some of the damage. I did what I could in prison, but it was frustrating not being able to do more.

The Sam Bankman-Fried battle isn’t over yet

Bankman-Fried’s defense team announced Thursday its intention to appeal the verdict. In the interview, he claimed that some of the trial testimony “grossly misrepresented what actually happened” and that his defense “did not allow key evidence or important witnesses to be presented.”

Featured Image: Flickr/Marco Vetch/CC 2.0

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