FTX Founder Sam Bankman-Fried Get 25-Year Sentence for Crypto Fraud

Sam Bankman-Fried Speaks Out After Sentencing

Sam Bankman-Fried , Speaks Out After Sentencing. The former FTX CEO was sentenced to 25 years in prison on March 28. He was previously convicted of fraud, conspiracy and money laundering. In an exclusive interview with ABC News, the 32-year-old exhibited remorse for his actions, saying, "It's most of what I think about each day.". Bankman-Fried attributed FTX's downfall to many "bad decisions" made in 2022, ABC News reports. . I never thought that what I was doing was illegal. But I tried to hold myself to a high standard, and I certainly didn't meet that standard. , Sam Bankman-Fried, to ABC News. I've heard and seen the despair, frustration and sense of betrayal from thousands of customers; they deserve to be paid in full, at current price, Sam Bankman-Fried, to ABC News. That could and should have happened in November 2022, and it could and should happen today. It's excruciating to see them waiting, day after day, Sam Bankman-Fried, to ABC News. Bankman-Fried went on to say that he's "haunted, every day, by what was lost.". I'd give anything to be able to help repair even part of the damage. I'm doing what I can from prison, but it's deeply frustrating not to be able to do more, Sam Bankman-Fried, to ABC News. Bankman-Fried plans to appeal based on trial testimony that "greatly misstated what actually happened.". I'd give anything to be out there, trying to make a positive difference in the world, but I know that's not going to happen. I can't help from prison, Sam Bankman-Fried, via statement

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

Judge Denies Trump’s Request to Delay Payment to E. Jean Carroll

Judge Denies Trump’s Request , to Delay Payment to E. Jean Carroll. On Jan. 26, Judge Lewis A. Kaplan ordered Donald Trump to pay writer E. Jean Carroll $83.3 million for ruining her credibility by calling her a liar after she accused him of sexual assault. On Jan. 26, Judge Lewis A. Kaplan ordered Donald Trump to pay writer E. Jean Carroll $83.3 million for ruining her credibility by calling her a liar after she accused him of sexual assault. The judgement, which included a $65 million punitive award, was challenged by Trump's lawyers who claim there is a "strong probability" that the amount will be decreased or eliminated. On March 7, Kaplan said that he won't postpone deadlines for posting a bond that would guarantee payment to Carroll if the judgement stands after appeals, NPR reports. . On March 7, Kaplan said that he won't postpone deadlines for posting a bond that would guarantee payment to Carroll if the judgement stands after appeals, NPR reports. . The judge went on to say that any financial harm Trump incurs is a result of his slow response to the verdict made in January. Trump's lawyers didn't seek to delay the date in which the bond must be posted until 25 day later, Kaplan said. . Mr. Trump's current situation is a result of his own dilatory actions, Judge Lewis A. Kaplan, via written order. Nor has Mr. Trump made any showing of what expenses he might incur if required to post a bond or other security, on what terms (if any) he could obtain a conventional bond, , Judge Lewis A. Kaplan, via written order. ... or post cash or other assets to secure payment of the judgment, or any other circumstances relevant to the situation, Judge Lewis A. Kaplan, via written order. The judgement will be final on March 11. . Meanwhile, Trump has also been ordered by Judge Arthur Engoron to pay $355 million in penalties for civil fraud