Sam Bankman-Fried speaks out after sentencing: ‘I never thought what I was doing was illegal’

The statement to the media may be one of the last the former FTX CEO made before going to a federal prison, which was suggested to be in the San Francisco Bay Area.

Former FTX CEO Sam “SBF” Bankman-Fried has reportedly responded to questioning from news outlets following being sentenced to 25 years in federal prison.

According to an April 1 report from ABC News, Bankman-Fried responded via email to questions from the Metropolitan Detention Center in Brooklyn, where he has been held since August 2023. On March 28, Judge Lewis Kaplan of United States District Court for the Southern District of New York sentenced the former FTX CEO to 25 years after his conviction on seven felony counts.

“I never thought that what I was doing was illegal,” said SBF, according to ABC. “I’m haunted, every day, by what was lost. I never intended to hurt anyone or take anyone’s money.”

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