FTX founder, Sam Bankman-Fied (SBF), has recently been transferred from the Metropolitan Detention Center to FTC Oklahoma City. Which has made the possibility associated with them true, which is said that SBF is very low, about 0% chances of getting forgiveness. In fact, due to the recently unauthorized interview given from the jail, the SBF shifting has intensified that it is almost impossible to apologize to the President. The experts of Crypto Space and Politics are also fully confident about it.
Shifting and signs of sam bankman-friend
SBF was first closed in the Metropolitan DETENTION HEART of Brooklyn, but now they have been transferred to FTC Oklahoma Town, which is a transfer center. Although there is no clear reason for this transfer, according to some reports, this step may be a sign that their case can now take a new twist. A report also states that Sam Bankman-Fied has recently been sent to seclusion imprisonment due to an unauthorized YouTube interview. Significantly, this interview of Sam Bankman-Fied was taken by Tucker Carlson, which was believed to be the last attempt to apologize to the President of SBF.
FTX failure and action against SBF
The FTX collapsed in November 2022, when it was revealed that Sam Bankman-Fied incorrectly handled the exchange funds and lended customers’ deposit amount to its trading company Alameda Analysis. FTX then applied for bankruptcy and SBF was arrested on charges of fraud. The incident caused a huge decline in the crypto market, causing the prices of Bitcoin and other cryptocurrency.
The US court convicted Bankman-Fied in 2023 on charges of cheating and sentenced him to 25 years. His current release date is 17 November 2044. Bankman-Fied has been in jail for the last about 2 years and SBF celebrated Birthday in jail Was.
Very few chances of getting apology
However, SBF’s parents, who are professors at Stanford University, are trying to intervene in this matter. He met the persons closely related to Trump and appealed for an apology for his son. However, crypto experts say SBF is likely to be forgiven “0”. In such a situation, sending Sam Bankman-Fied into seclusion imprisonment further strengthens this.
Conclusion
The possibility of apology for Sam Bankman-Fled is quite low. Their transfer indicates that the government is very strict about them, so there is no special possibility of getting apology. Given the failure of FTX and the ongoing case against them, the case can become a big example for the Crypto community, no matter how many efforts are made, the correct process and strict punishment cannot be avoided. Although currently FTX has completed preparations to pay its creditors, according to the information Users will now pay 3 years after FTX FantFor this, the exchange is taking all the necessary action.
