Bankman-Fried Expresses Regret and Remorse Over FTX Collapse, Vows to Repay Customers From Prison
• Bankman-Fried expressed regret and remorse for the first time over his role in FTX's collapse, after receiving a 25-year prison sentence • He insisted he didn't think his actions were illegal and tried to hold himself to a high standard, but admitted he failed to meet that standard • He expressed empathy for FTX customers who lost money, stating they deserve full repayment and that FTX had enough assets to do so • His defense unsuccessfully argued he was a bad manager rather than a criminal, lacking criminal intent • Bankman-Fried stated he's haunted daily by what was lost and wants to help repair the damage, but is frustrated by his inability to do more from prison