Susan Li reports on FTX founder Sam Bankman-Fried speaking from prison, found guilty of major financial schemes. Susan Li’s exclusive interview reveals SBF wants a White House pardon and defends himself, claiming customers were repaid.
Sam Bankman-Fried, the former crypto billionaire convicted for fraud in 2023, lost an appeal to overturn his conviction and 25-year prison sentence Friday, Reuters reported.
A New York jury found Bankman-Fried guilty on two charges of wire fraud and five conspiracy counts in November 2023 for his actions while running FTX, a cryptocurrency exchange that declared bankruptcy in 2022 after once being valued at more than $26 billion.
Bankman-Fried pleaded his case to a three-judge panel of Manhattan’s…
