FTX collapsed in November 2022. The lawyers said that the jury found SBF stole no less than $8 billion from FTX customers. Bankman-Fried, who was also ordered to forfeit $11 billion, plans to appeal his sentence and conviction. “If not for SBFโs crimes for which he was convictedโi.e., the theft and misuse of customer assetsโthe customers would have today owned their crypto investments,” the filing said.
Crypto Exchange FTX Victims View Bankruptcy Process as ‘Second Act of Theft,’ File to Recover $8B
