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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

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Understanding ENA’s Fundamentals & Price Prediction Ethena (ENA) is not just another cryptocurrency; it stands out with its unique proposition and governance model. As the designated governance token of Ethena, a cutting-edge protocol aiming to revolutionize the decentralized finance bond system outside traditional banking, ENA is at the forefront of facilitating a novel economic ecosystem. With the innovative approach towards creating a dollar-pegged synthetic token, Ethena showcases the potential for a new era in financial inclusivity and stability. The excitement around ENA is palpable, especially with the upcoming airdrop earmarked for participants in its shard campaign, demonstrating Ethena’s commitment to engaging and rewarding its community. Spanning from its remarkable growth post-seed round funding to the anticipation surrounding the airdrop’s 30-day window, ENA encapsulates the dynamic spirits of digital finance. Understanding the fundamentals becomes crucial as you delve into Ethena (ENA) price prediction analyses. Equally important are the factors influencing ENA’s price, which will be comprehensively explored. This article aims to provide insights into ENA’s performance, leveraging fundamental analysis and machine learning models for nuanced price forecasting. From delving into ENA’s operational framework on Binance Launchpool to outlining strategic investment approaches, the forthcoming sections intend to offer a well-rounded perspective on navigating the possibilities that Ethena (ENA) holds for savvy investors and enthusiasts alike. Ethena (ENA) Price Prediction 2024: The price is expected to fluctuate between $1.70 and $4.00, with an average settling at $2.85 2025: A significant jump, with prices ranging from $5.40 to $7.10 and an average of $6.25, indicating growing investor confidence. 2026: Doubling down, the forecast suggests a range of $10.00 to $15.50, with an average price of $12.75, as Ethena continues to expand its ecosystem. $ENA #ENA #ENALAUNCHPOOL
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Crypto Bulls See $400M Liquidations as Solana, Dogecoin Lead Slide in Majors Major tokens experienced a significant drop in the past 24 hours, with bitcoin falling 5% and other major tokens like ether, Cardano's ADA, and BNB Chain’s BNB showing similar losses. Liquidations of long positions, or bets on higher prices, amounted to over $400 million, while shorts, or bets against, took on a relatively smaller $85 million. Analysts at Bitfinex suggested that bitcoin is likely to remain range-bound in the coming weeks as long-term investors sell off holdings. Major tokens slid as much as 8% in the past 24 hours as bitcoin (BTC) reversed last week’s gains amid selling pressure caused by a stronger dollar, leading to over $400 million bullish bets being liquidated. Data shows that bitcoin fell 5%, with ether (ETH), Cardano’s ADA, and BNB Chain’s BNB showing similar losses. Solana’s SOL dropped 7% to trade at $185 after briefly touching $200 on Monday, while Dogecoin (DOGE) dropped more than 8%. Bitcoin Cash’s BCH fell 10% amid profit-taking after a 40% rally in the past week, buoyed by the expected halving event for the network on April 4. Longs, or bets on higher prices, took on more than $400 million in liquidations, with shorts, or bets against, taking on a relatively smaller $85 million. A liquidation happens when a trader has insufficient funds to keep a leveraged trade open. “We believe that bitcoin is likely to continue to consolidate within a range, as previously dormant supply, particularly among Long-Term Holders (LTHs), is being sold (although at a relatively smaller scale than previous bull market tops),” Bitfinex said. “There is strategic profit-taking observed among the LTH cohort (holders of BTC of more than 155 days),” the analysts added. Elsewhere, FxPro senior market analyst Alex Kuptsikevich said in a message that bitcoin faces resistance at the $71,000 level as broader markets show caution against riskier assets. #Memecoins $BTC $ETH $DOGE
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SBF live updates: FTX founder sentenced to 25 years in prison for massive crypto fraud Following his conviction in November, FTX founder Sam Bankman-Fried has officially been sentenced to 25 years in prison Thursday. The former cryptocurrency wunderkind was found guilty of seven counts of fraud for the downfall of the digital asset exchange he founded. At one point, both Bankman-Fried and FTX were pillars of the cryptocurrency industry. However, today’s news marks the final ruling of his downfall that first began with his arrest in the Bahamas in December of 2022. The sentencing hearing was held in Manhattan, with Judge Lewis Kaplan continuing to preside over the case. Bankman-Fried Sentenced to 25 Years in Prison The collapse of FTX will likely remain one of the biggest controversies in the history of the digital asset sector. Moreover, the criminal activity of the company represented some of the largest financial crimes in the history of the United States. Subseuqnlety, the firm’s CEO and founder has rightly become the face of those illegal acts. Now, more than 450 days after being apprehended, FTX founder Sam Bankman-Fried has been sentenced to 20 years in prison. The hearing took place today under the same judge who presided over Bankman-Fried’s criminal case. The outcome had been the subject of debate between both sides leading up to the hearing. The prosecution had requested Bankman-Fried serve between 40 and 50 years in Prison. Alternatively, SBF’s legal council requested a prison sentence for the 32-year-old former executive that ranged between 64 and 78 months. As you can see, the latter has one out following Kaplan’s decision today, with a sentence term shorter than many assumed. Bankman-Fried was convicted by a jury on seven counts of fraud in 2023. Specifically, those charges include his thievery of customer assets when running the cryptocurrency exchange, and his deceit with the firm’s investors and creditors. Altogether, Bankman-Fried was responsible for around $8 billion in customer assets being stolen. #SBFVerdict #SBFFTX $FTT
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