{"id":13915,"date":"2023-11-03T19:17:04","date_gmt":"2023-11-03T19:17:04","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=13915"},"modified":"2023-11-03T19:17:06","modified_gmt":"2023-11-03T19:17:06","slug":"newly-released-audio-of-sam-bankman-fried-reflecting-on-life-in-prison-emerges-on-social-media","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=13915","title":{"rendered":"Newly-released audio of Sam Bankman-Fried reflecting on life in prison emerges on social media"},"content":{"rendered":"<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<p>Newly-released audio of an interview with Sam Bankman-Fried given during his house arrest, in which he reflects on the idea of life in prison, has emerged on social media.<\/p>\n<p>In the interview, Bankman-Fried admits that if his life were to end that day, he would have \u201cdone net harm to the world.\u201d<\/p>\n<h2>Weight of harm done<\/h2>\n<p>In the interview, which took place before his trial began, Fong begins asking, \u201cIf you hypothetically were in prison for life\u2014\u201d before being cut short by Bankman-Fried: \u201cI\u2019m trying not to think about it. I don\u2019t think it\u2019s helpful to think about.\u201d<\/p>\n<p>The disgraced founder did, however, admit to feelings of guilt and culpability. He told Fong:<\/p>\n<p>\u201cIt doesn\u2019t weigh on me that people think I\u2019ve done that harm. The fact that I <em>have<\/em> done that harm weighs enormously on me.\u201d<\/p>\n<p>He said that when he did consider the prospect of spending his life in prison, he consciously attempted to steer his thoughts toward hypothetical \u201cways to make things better\u201d that might present themselves.<\/p>\n<p>Soon after, however, he begins to trail off of each sentence he begins, leaving most of them unfinished.<\/p>\n<h2>A tale of mismanagement and deceit<\/h2>\n<p>The former billionaire\u2019s trial spanned almost five weeks, but he was convicted on all seven counts of fraud and money laundering-related charges on Nov. 2 by a jury of his peers in less than five hours.<\/p>\n<p>The former billionaire is facing more than 100 years in prison for his role in stealing roughly $8 billion worth of FTX customer funds and spending it on reckless investments, political donations, and personal expenses.<\/p>\n<p>SBF\u2019s trial unveiled the full extent of mismanagement at FTX and its sister hedge fund, Alameda Research, which had special privileges to borrow an unlimited amount of money from the exchange.<\/p>\n<p>The prosecution brought some of SBF\u2019s closest confidantes \u2014 including former girlfriend Caroline Ellison and his close friend Nishad Singh, both of whom served in leadership roles at the companies \u2014 to the stand to testify against him and admit to committing fraud against FTX customers and investors.<\/p>\n<p>Posted In: FTX, US, Legal<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/newly-released-audio-of-sam-bankman-fried-reflecting-on-life-in-prison-emerges-on-social-media\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newly-released audio of an interview with Sam Bankman-Fried given during his house arrest, in which he reflects on the idea of life in prison, has emerged on social media. In the interview, Bankman-Fried admits that if his life were to end that day, he would have \u201cdone net harm to the world.\u201d Weight of harm [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-13915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/13915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13915"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/13915\/revisions"}],"predecessor-version":[{"id":13917,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/13915\/revisions\/13917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/13916"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}