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<\/p>\nA 'crypto king' convicted of fraudulently gaining a whopping \u00a38billion through cryptocurrency told his girlfriend 'he has no soul'.<\/p>\n
Sam Bankman-Fried was charged with a lengthy prison sentence after being found guilty in a gruelling one month trail. He reached quick fame and fortune after trading online before he went bankrupt a year ago. Courts have ruled that he committed $10billion (\u00a38billion) worth of fraud. <\/p>\n
Now, the US national is facing a sentence of 110 years in prison if all charges are given in March. However, reports from the court room said Bankman-Fried showed little emotion during his court case. His mother could be seen in the crowds hiding her face in emotion, but the criminal didn\u2019t react. <\/p>\n
READ MORE:<\/b> 'I lost \u00a3160m on hard drive at dump \u2013 council won't let me dig it up to get it back' <\/b><\/p>\n
For the latest news on all things money and cryptocurrency,<\/b> click here<\/i> <\/b> .<\/b><\/p>\n
Bankman-Fried was on the cover of magazines as the \u2018crypto king\u2019, flew private jets, gave a talk in the Bahamas before Congress and even gave tens of millions of dollars in political donations to political parties. He attempted to make cryptocurrency respectable and created a new digital currency exchange called FTX.<\/p>\n
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However, a year later authorities found evidence of fraud and arrested him for conspiracy, money laundering and wire fraud. He was then later found out for attempting to influence one of the witnesses who was going to speak against him. A new book has revealed all about the life of the crypto-criminal.<\/p>\n
His father, Joe Bankman, spoke to Martin Lewis about his son\u2019s childhood: \u201cHe was never comfortable with kids, or with being a kid.\u201d<\/p>\n
Apparently, Bankman-Fried was unemotional, cold and struggled to connect with other people. He met his girlfriend, Caroline Ellison, at a financial firm. The pair worked together before he decided to start his own firm to earn even more money and then eventually convinced her to join.<\/p>\n
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In the book, the author revealed the pair wrote a pros and cons list about their relationship. Bankman-Fried wrote: \u201cIn lots of ways I don't really have a soul,\u201d he then went on to write to her that his feelings were \u201cfake\u201d and that he didn't \u201cfeel happiness. What's the point in dating someone who you physically can't make happy.\u201d<\/p>\n
Appearing in court, he said: \u201c"He thought that the only moral rule that mattered was doing whatever would maximise moral utility, trying to create the greatest amount of good for the greatest number of beings.\u201d She finished her address: \u201cThings like 'don't lie' or 'don't steal' didn't fit into that framework.\u201d<\/p>\n
Reports say that Bankman-Fried showed no emotion while appearing in court and simply looked on with a blank-face\/ The judge revealed that he would be sentenced in March and will stay behind bars in the meantime.<\/p>\n
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