Sam Bankman-Fried Claims Ignorance of Illegality in First Post-Sentencing Interview

The FTX founder expresses remorse and frustration over the collapse's impact, as efforts to recoup customer losses continue.

Sam Bankman-Fried, the former CEO of FTX, insists he never believed his actions were illegal in his first interview since receiving a 25-year prison sentence.
Bankman-Fried expresses remorse and frustration over not being able to do more to repair the damage caused by FTX's collapse, affecting over a million customers.
He claims there were sufficient assets to repay customers, lenders, and investors in full, but his assertions were rejected by the judge during sentencing.
One of the largest FTX creditors, Zach Bruch, is working with the US Department of Justice to recoup funds lost by customers, aiming to make all creditors whole.
Bankman-Fried plans to appeal his 25-year sentence later this year, arguing that his trial was unfair and critical evidence was not admitted.