'I Never Thought That What I Was Doing Was Illegal,' SBF Says as He Begins Prison Sentence

Image for article titled 'I Never Thought That What I Was Doing Was Illegal,' SBF Says as He Begins Prison Sentence

Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images (Getty Images)

Days after Sam Bankman-Fried received a 25-year prison sentence, the FTX founder released a statement to ABC News saying how sorry he was about his crimes. He says he made some “bad decisions” and didn’t realize that his billion-dollar Ponzi scheme was illegal.

“I tried to hold myself to a high standard, and I certainly didn’t meet that standard,” he told ABC News via email from the Metropolitan Detention Center in Brooklyn. “It’s most of what I think about each day. I’m haunted, every day, by what was lost. I never intended to hurt anyone or take anyone’s money.”

Courtney Milan

Courtney Milan writes books about carriages, corsets, and smartwatches. Her books have received starred reviews in Publishers WeeklyLibrary Journal, and Booklist. She is a New York Times and a USA Today Bestseller.

Courtney pens a weekly newsletter about tea, books, and basically anything and everything else.

Before she started writing romance, Courtney got a graduate degree in theoretical physical chemistry from UC Berkeley. After that, just to shake things up, she went to law school at the University of Michigan and graduated summa cum laude. Then she did a handful of clerkships. She was a law professor for a while. She now writes full-time.

Courtney is represented by Kristin Nelson of the Nelson Literary Agency.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top