Bankman-Fried Expresses Remorse But Disputes Legality of Actions in First Prison Interview
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Sam Bankman-Fried gave his first interview from prison, saying he didn't think his actions were illegal but admitting he failed to meet his own standards.
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He expressed remorse over the losses suffered by FTX customers, employees, and charities, saying he's "haunted every day by what was lost."
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Over 1 million FTX customers lost money, with victims still owed over $19 billion based on current crypto prices.
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Bankman-Fried claimed FTX debts could have been repaid if operations resumed, an assertion the judge called "logically flawed" and "speculative."
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He plans to appeal his 25-year sentence, citing inaccuracies in trial testimony and being barred from presenting certain evidence.