📢 Crypto news! Sam Bankman-Fried, co-founder of FTX, has been sentenced to 25 years in prison for fraud. Despite his situation, Bankman-Fried maintains his innocence and has begun trading bags of rice in prison. 😮
The former FTX CEO has lost 25 pounds and appears calmer and less restless since his incarceration. However, he admits that he has gotten good at pretending to be fine.
Bankman-Fried has appealed his conviction for fraud and money laundering. He claims that he was "the scapegoat" for FTX's collapse and that his only mistake was negligence that left FTX vulnerable to a "corralito" and the malicious actions of its competitors.
Do you think Bankman-Fried is innocent or guilty? Comment below! 👇