Sam Bankman-Fried, the former head of the FTX cryptocurrency company, is in big trouble! He was found guilty of fraud and got a long prison sentence, but he says it's not fair.
He claims the government was unfair to him because of his political views. He also says FTX didn't really go broke; it just ran out of quick cash.
He's trying to get his sentence reduced or even forgiven.
- Sam Bankman-Fried says he's innocent and that politics played a part in his trial.
- He claims FTX had lots of money but ran out of it quickly.
- He says the government treated him differently than other people involved.
| Fact | Number |
|---|---|
| Sam Bankman-Fried's prison sentence | 25 years |
| FTX's claimed net positive value before collapse | $10 billion |
| FTX's claimed additional equity before collapse | $20 billion |
