SBF was found guilty inNovember 2023on seven counts, including fraud and conspiracy.
The crimes were ongoing, complex, and involved systematic deception over a period of years.
The losses suffered by victims were severe and life changing, and had significant collateral consequences to them.
FTX founder Sam Bankman-Fried, center, is escorted out of a court in Nassau, Bahamas before he was extradited to the U.S. on Dec. 19, 2022.Photo: Rebecca Blackwell (AP)
At no point has the defendant accepted responsibility for his crimes.
The psychological strain of this situation cannot be overstated.
The victims also noted the psychological toll of the FTX collapse, leading some people to thoughts of suicide.
News from the future, delivered to your present.
