In the past, "King of Cryptocurrency" Sam Bankman-Fried: "Do I really regret it?"

Sam Bankman-Fried, the founder of FTX Trading Company, was once a figure of immense prestige, known as the "King of Cryptocurrency." But now, due to stealing $8 billion from FTX customers, he was sentenced to 25 years in prison on March 28 in New York, USA. At the time of sentencing, this guy showed no obvious reaction and even plans to appeal.

Before the verdict, he hypocritically apologized to FTX's customers, investors, and employees, saying he was "sorry for everything that happened at every stage." But the judge wasn't buying it, accusing him of lying in his court testimony, showing no remorse, and stating that he has a natural inclination to take dangerous bets. It's worth noting that three of his close friends have pleaded guilty and shifted all the blame onto him during the trial. Once this news broke, the crypto community went into an uproar; some felt the sentence was too light, making it hard for the victims to accept, while others doubted whether he indeed had unspeakable issues. The apologies and imprisonment of this former big shot have made people in the crypto space even more worried about issues of trust in the industry. Everyone is watching to see what new developments will emerge from this situation.

I believe that Bankman-Fried's case undoubtedly serves as a wake-up call for the crypto space; the reckless pursuit of profit without regulation will ultimately lead the industry into a quagmire of distrust. This verdict is a strong blow against violations in the crypto space, prompting investors to more cautiously examine the compliance and integrity of projects. In the future, the crypto space urgently needs more comprehensive regulations to reshape industry order. Currently, in the crypto space, if you want to make money, you have to keep up with the trends; right now, Trump and Solana are the hot topics, and Conan is Trump's dog, as well as a meme of the Solana chain. The community is strong and continuously driving forward, with consensus; currently low market value, there is significant room for growth, and it looks highly promising!