\n
![](\"https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/30643267165_772516e1df_k-900x598.jpg\")
<\/p>\n [ad_1]
\n<\/p>\n
In a recent email interview with ABC News<\/a>\u00a0from the Metropolitan Detention Center in Brooklyn, Sam Bankman-Fried, the disgraced founder and former CEO of the now-defunct crypto exchange FTX, expressed remorse for his actions that led to his 25-year prison sentence<\/a> for fraud last week.<\/p>\n During the sentencing, U.S. District Judge Lewis Kaplan remarked that Bankman-Fried had not offered \u201ca word of remorse\u201d for his \u201cterrible crimes.\u201d However, in the interview, Bankman-Fried stated:<\/p>\n It\u2019s most of what I think about each day. I never thought that what I was doing was illegal. But I tried to hold myself to a high standard, and I certainly didn\u2019t meet that standard.<\/p>\n<\/blockquote>\n Bankman-Fried acknowledged the despair, frustration, and sense of betrayal felt by thousands of FTX customers, asserting that they deserve to be paid in full at the current price. He attributed FTX\u2019s insolvency to several \u201cbad decisions\u201d he made in 2022 and noted that customers \u201ccould and should\u201d have been paid that year, finding it \u201cexcruciating to see them waiting, day after day.\u201d The former FTX CEO expressed his deep regret:<\/p>\n I\u2019m haunted, every day, by what was lost. I never intended to hurt anyone or take anyone\u2019s money. But I was the CEO of FTX, I was responsible for what happened to the company, and when you\u2019re responsible, it doesn\u2019t matter why it goes bad. I\u2019d give anything to be able to help repair even part of the damage. I\u2019m doing what I can from prison, but it\u2019s deeply frustrating not to be able to do more.<\/p>\n<\/blockquote>\n Bankman-Fried\u2019s defense team announced their intention to appeal <\/a>the sentence on Thursday. In the interview, he claimed that certain trial testimony \u201cgreatly misstated what actually happened\u201d and that his defense was \u201cnot allowed to introduce crucial evidence or put on important witnesses.\u201d<\/p>\n Featured image: Flickr\/ Marco Vetch<\/a>\/ CC 2.0<\/a><\/em><\/strong><\/p>\n<\/p><\/div>\n\n
\n
Sam Bankman-Fried\u2019s battle is not over<\/h2>\n