Samuel Bankman-Fried is a name that does not require an introduction. The founder of FTX, a cryptocurrency exchange, and Alameda Research, a cryptocurrency trading firm, was once a prominent figure in the crypto industry. His charisma met a dark end when the fraud committed by his organisation was exposed. On March 28, 2024, he was sentenced to over 25 years in prison, three years of supervised release, and ordered to pay $11 billion in forfeiture for his orchestration of multiple fraudulent schemes. This is our side of the story.
Recently, in an interview with Tucker Carlson, he opened up about his side of the story. Don’t miss this!
Sam Bankman-Fried’s Interview from Prison
The televised interview, given to Tucker Carlson, has garnered significant attention because it was the second interview he has given since his imprisonment.
Notably, although Bankman-Fried joined the interview virtually from prison, Carlson showed no hesitation to ask tough questions. The interview covered a wide variety of topics, from bankruptcy to life in prison.
Undoubtedly, the statements he made about bankruptcy and political contributions are likely to trigger serious discussions in the crypto sector.
Bankman-Fried Still Regrets Declaring Bankruptcy
From his statements, it is clear that he does not believe that declaring bankruptcy was a wise decision.
He claimed that if FTX had continued operating, it would have $93 billion in assets today. He even boasted that there was enough money to pay back users.
This indicates that he does not think he committed any fraudulent activities. Sadly, there was no sign of remorse in his words.
It is clear that he is keen on giving a political angle to his imprisonment.
Bankman-Fried’s Political Contributions and Changing Views
Earlier, Bankman-Fried was an ardent supporter of the Democratic Party. In 2020, his huge financial contributions to the party gained significant media attention.
In the previous interview, he stated that he privately supported the Republican Party too. He also claimed that his decision to support the Republican Party played a key role in the collapse of his organisations.
In his recent interview with Carlson as well, he asserted that his disillusionment with the Democratic Party led to his downfall.
Bankman-Fried’s Appeal Efforts and Future Outlook
In his first interview from prison, Bankman-Fried indirectly appealed for a pardon from US President Donald Trump. The Trump administration has not yet considered this appeal.
Interestingly, in the latest interview, he showed no interest in appealing for a pardon. Instead, he expressed confidence in his ability to successfully appeal his conviction in court.
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