TechFlow reports that creditors of FTX have submitted a series of victim impact statements in the criminal case against its founder, SBF.
The statements highlight financial insecurity, emotional distress, and a growing distrust in the financial system resulting from FTX's collapse.
These victims come from around the world, and their letters describe both the assets they held on FTX and the profound impact the exchange's bankruptcy has had on their lives. They emphasize the erosion of value while awaiting repayment and urge the court to ensure victims are genuinely compensated.
Previously on November 3, 2023, SBF was found guilty on seven counts, with sentencing scheduled for March 28, 2024.
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