SBF Apologizes in Court for FTX Collapse, Losses Exceed $550M Though He Helped Fellow Inmates
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SBF apologizes in court "I am sorry about what happened at every stage. And there are things I should've done and things I shouldn't have."
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Losses exceed $550M; Judge rejects claim that victims will be fully repaid
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SBF was tutoring inmates and helped some find lawyers while in jail
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His lawyer argues "Sam was not a ruthless financial killer" motivated by greed
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FTX collapse created ripples, contributing to other crypto bankruptcies like BlockFi and Gemini freezing accounts