Binance Square
LIVE
LIVE
CRYPTO DOMINIUM
--13.5k views
Sam Bankman-Fried Breaks Silence: ‘Haunted’ by FTX Collapse, Vows to Appeal and Criticizes Legal Process The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is “haunted” daily by the events that transpired, emphasizing his stance that he “never intended to hurt anyone.” Former FTX Boss Contests Conviction, Says Never Meant Harm After the recent sentencing of Sam Bankman-Fried, also referred to as SBF, the former CEO of FTX who fell from grace, shared his emotions regarding the outcome. ABC News’ correspondent Mark Guarino reported that SBF felt the trial was unjust and indicated that he and his defense team intend to appeal. SBF criticized the law firm Sullivan & Cromwell for allegedly igniting a “one-sided media frenzy.” He expressed dissatisfaction with the “defense’s inability to get in critical evidence at trial,” stating it “infected” the entire process. Furthermore, he conveyed to ABC that he is tormented daily by the manner in which events unfolded. “I’m haunted, every day, by what was lost. I never intended to hurt anyone or take anyone’s money,” SBF told Guarino in emailed correspondence. “But I was the CEO of FTX, I was responsible for what happened to the company, and when you’re responsible it doesn’t matter why it goes bad. I’d give anything to be able to help repair even part of the damage.” SBF added: I’m doing what I can from prison, but it’s deeply frustrating not to be able to do more. SBF’s most recent interview coincides with a pivotal moment for FTX collaborators Caroline Ellison, Gary Wang, Ryan Salame, and Nishad Singh, as they approach their own critical juncture. The former crypto mogul refrained from revealing to NBC the specific strategies he and his legal team intend to employ in appealing the case. #SBF $FTT

Sam Bankman-Fried Breaks Silence: ‘Haunted’ by FTX Collapse, Vows to Appeal and Criticizes Legal Process

The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is “haunted” daily by the events that transpired, emphasizing his stance that he “never intended to hurt anyone.”

Former FTX Boss Contests Conviction, Says Never Meant Harm

After the recent sentencing of Sam Bankman-Fried, also referred to as SBF, the former CEO of FTX who fell from grace, shared his emotions regarding the outcome. ABC News’ correspondent Mark Guarino reported that SBF felt the trial was unjust and indicated that he and his defense team intend to appeal.

SBF criticized the law firm Sullivan & Cromwell for allegedly igniting a “one-sided media frenzy.” He expressed dissatisfaction with the “defense’s inability to get in critical evidence at trial,” stating it “infected” the entire process. Furthermore, he conveyed to ABC that he is tormented daily by the manner in which events unfolded.

“I’m haunted, every day, by what was lost. I never intended to hurt anyone or take anyone’s money,” SBF told Guarino in emailed correspondence. “But I was the CEO of FTX, I was responsible for what happened to the company, and when you’re responsible it doesn’t matter why it goes bad. I’d give anything to be able to help repair even part of the damage.”

SBF added:

I’m doing what I can from prison, but it’s deeply frustrating not to be able to do more.

SBF’s most recent interview coincides with a pivotal moment for FTX collaborators Caroline Ellison, Gary Wang, Ryan Salame, and Nishad Singh, as they approach their own critical juncture. The former crypto mogul refrained from revealing to NBC the specific strategies he and his legal team intend to employ in appealing the case.

#SBF $FTT

Aviso Legal: inclui opiniões de terceiros. Não se trata de aconselhamento financeiro. Poderá incluir conteúdos patrocinados. Consulta os Termos e Condições.
0
Respostas 2
Fica a saber as últimas notícias sobre criptomoedas
⚡️ Participa nas mais recentes discussões sobre criptomoedas
💬 Interage com os teus criadores preferidos
👍 Desfruta de conteúdos que sejam do teu interesse
E-mail/Número de telefone
Criador Relevante
LIVE
@CRYPTO_DOMINIUM

Explorar Mais do Criador

--
Terraform Labs to dissolve, CEO asks community to take over following $4.47 billion SEC settlement Chris Amani, CEO of Terraform Labs, the developer of Terra blockchain, asked the community to take the reins as the firm plans to dissolve its operations. The firm, according to Amani, plans to sell its projects in the Terra ecosystem including Pulsar Finance, Station Wallet and Enterprise DAO. This follows Terraform's massive $4.47 billion settlement with the U.S. Securities and Exchange Commission related to the UST algorithmic stablecoin, which dramatically collapsed in 2022. "TFL always intended to dissolve at some point, and that point is now,” Amani stated on X, signaling the end for Terraform Labs. “We will be winding down operations completely.” Amani stated the firm plans for a community proposal that would lead to the burning of all unvested Luna, Terraform’s native token. “Anything that remains vested in our wallets will be burned by TFL,” he affirmed, committing to a decisive end for the company’s direct involvement with the token. He stated that Terra and Terra Classic blockchains could continue under the community’s control. “The community will need to take over ownership of the chain,” Amani stated, suggesting a community-led governance model that could redefine how blockchain projects operate post-crisis. The SEC initially charged Terraform and its co-founder, Do Kwon, in February 2023, accusing them of misleading investors and violating federal securities laws by engaging in fraudulent activities related to the sale of unregistered securities. Terraform’s proposed settlement revealed on Wednesday with SEC includes $3.58 billion in disgorgement and a $420 million civil penalty. It also prohibits Kwon from serving as an officer or director of any public company. Additionally, Do Kwon is required to contribute about $204 million to a bankruptcy estate for Terraform aimed at compensating the investors harmed by the scheme. Amani, Terraform's former COO, took over from Kwon in July 2023. TFL filed Chapter 11 bankruptcy in Jan
--
SEC reaches $4.47 bln settlement with now-bankrupt crypto firm Terraform Labs Terraform Labs reached a $4.47 billion civil settlement with the U.S. Securities and Exchange Commission, after being found liable by a jury for defrauding cryptocurrency investors who lost an estimated $40 billion when the TerraUSD and Luna tokens collapsed in 2022. A proposed final judgment covering Terraform and its founder Do Kwon was filed on Wednesday in Manhattan federal court. It requires approval by U.S. District Judge Jed Rakoff, who oversaw the trial, which ended on April 5. Terraform's judgment includes $4.05 billion of disgorgement plus interest, and a $420 million civil fine. Much is unlikely to be paid because Terraform filed for bankruptcy in January. It will instead be treated as an unsecured claim in the Chapter 11 case, where Terraform is liquidating. The total judgment is $4.55 billion, including an $80 million civil fine for Kwon. He agreed to be banned from crypto transactions, and is required to transfer $204.3 million to Terraform's bankruptcy estate. "Entry of this judgment would ensure the maximal return of funds to harmed investors and put Terraform out of business for good," the SEC said in a court filing. "Thus, this proposed judgment is fair, reasonable, and in the public interest." Terraform and Kwon consented to the judgment. Their lawyers did not immediately respond to requests for comment. The SEC accused Terraform and Kwon of deceiving investors about the stability of TerraUSD, which he designed to maintain a constant $1 price, and falsely claiming that Terraform's blockchain was used in a popular Korean mobile payment app. TerraUSD and the closely-linked Luna, a more traditional token that Kwon also designed, collapsed in May 2022 when TerraUSD was unable to maintain its peg to the dollar. Kwon did not attend the trial after having been detained in Montenegro since March 2023, with the United States and South Korea seeking his extradition to face criminal charges. He has denied wrongdoing. #LUNC✅ $LUNC $LUNA #altcoins
--

Últimas Notícias

Ver Mais
Mapa do sítio
Cookie Preferences
Termos e Condições da Plataforma