CoinsValue.net logo CoinsValue.net logo
tri-able
BitDegree 2024-04-02 06:23:04

Sam Bankman-Fried Addresses FTX Collapse and His Conviction

Key Takeaways Sam Bankman-Fried insists he did not realize his actions were illegal, expressing remorse for the fallout of FTX's bankruptcy. The ex-CEO of FTX was sentenced to 25 years in prison, reflecting on his decisions and their unintended harm. Despite plans to appeal the sentence, Bankman-Fried faces decades in prison, with his case serving as a significant event in cryptocurrency regulation and ethics.

Read the Disclaimer : Coinsvalue.net