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Disgraced FTX founder Sam Bankman-Fried whined that his “useful life” was over before he was sentenced Thursday to 25 years in prison.

“At the end of the day, my useful life is probably over,” Bankman-Fried said in a rambling 20-minute statement to a Manhattan court before Judge Lewis Kaplan handed down the sentence. “It has been over for a while now.”

The FTX founder, 32, was convicted of stealing more than $8 billion from his customers.

“I have long since given everything that I had to give, and I would do anything to be out there right now trying to help, but I know that’s not going to happen,” he said. “I can’t really do that from prison. I can’t really help.”

Bankman-Fried stood uncuffed in his tan jail garb to deliver his meandering mea culpa.

His hands were tightly clasped at his waist and his head was mostly bowed, with occasional glances at the judge, who called him “unremorseful.”

He said he made a “series of bad decisions” that led to the implosion of FTX, his cryptocurrency company, but the decisions were neither “selfish” or “selfless,” but just “bad.”

The fraudster said his customers “should be paid in full” to the “current value of assets” as there are “billions more than is necessary” available to use.

He also apologized to his employees, who “watched me throw away everything they had built.”

“I know a lot of people feel really let down, and they were right, they were, were very let down. I’m sorry about that. I’m sorry about what happened at every stage, things I should have done and said, things I shouldn’t have. I failed everyone that I care about and everything I care about too,” he said.

“They threw themselves into it. And then I threw all of that away,” he continued. “It haunts me every day.”

Judge Kaplan didn’t buy into Bankman-Fried’s apologies and said the disgraced tech whiz was “presenting himself as the good guy” when it was just an “act.”

He did it because he wanted to be a hugely, hugely politically influential person in this country, Kaplan said. He knew it was wrong, he knew it was criminal, he regrets that he made a very bad bet about the likelihood of being caught.”

Outside of his 25 years in prison, the former business owner was ordered to pay back $11 billion and has to forfeit any asset that could help him make the large repayment.

At his peak, the fraudster’s empire was worth $40 billion and he was rubbing elbows with the rich and powerful.

That all fell apart when he was arrested weeks after his platform collapsed and he was charged with using FTX users’ funds to pay off his $8 billion debt to his failing hedge fund Alameda Research.

He was later convicted of seven counts of fraud and conspiracy.

Kaplan Kaplan suggested that Bankman-Fried who is currently being held at the Metropolitan Detention Center in Brooklyn be sentenced to serve his time in a medium-security prison near his familys home in Northern California.

The Bureau of Prisons are expected to make a decision on where the scammer will go in the coming months.

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From the general public to Hollywood and music stars, everybody wanted a piece of Ricky Hatton

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From the general public to Hollywood and music stars, everybody wanted a piece of Ricky Hatton

There are few sporting stars who cross from the newspaper back pages to become front page news… but Ricky Hatton always was one of them.

Aside from his boxing brilliance, it was his personality and humour which made people pay attention.

In recent years, his happy-go-lucky character saw him cast on reality shows like Dancing on Ice.

But what’s more interesting is how and why the public came to have such great affection for him back in the day.

Follow the latest: Tributes being paid to former boxing world champion

Putting it kindly, sports stars aren’t always known for their sparkling personalities.

It was Ricky’s lack of interest in the trappings of fame which accompanied his epic run of victories that made him all the more cool.

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He was the working-class hero who seemed unstoppable. It was a story that everyone wanted to follow.

Ricky Hatton smiles during a news conference in 2006. Pic: Reuters
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Ricky Hatton smiles during a news conference in 2006. Pic: Reuters

Celebrities wanted to be seen alongside him. Piggy-backing off his popularity the likes of Brad Pitt, Angelina Jolie, Denzel Washington and David Beckham were all pictured ringside at one time or another, drawn to his fan-friendly style and impressive winning streak.

At the same time as the Gallagher brothers were flying the flag for music from Manchester, Hatton was doing the same for boxing.

During his 2008 fight against Paulie Malignaggi, he had Liam and Noel escort him to the ring.

In an interview he said he thought all three of them might be killed when Liam held up Hatton’s IBO belt inches from Malignaggi’s face and with a swagger said ‘what do you think about that you d*** head?’.

Stories like that are why his appeal extended beyond sport. He was an ordinary bloke who’d done extraordinary things. He never lost sight of who he was and fans loved him for it.

Ricky Hatton is joined by Liam and Noel Gallagher after his 2008 fight against Paulie Malignaggi. Pic: Reuters
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Ricky Hatton is joined by Liam and Noel Gallagher after his 2008 fight against Paulie Malignaggi. Pic: Reuters

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Sources: Hokies fire Pry after 0-3 start, ODU loss

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Sources: Hokies fire Pry after 0-3 start, ODU loss

Virginia Tech has fired coach Brent Pry, sources told ESPN’s Pete Thamel on Sunday. Pry is set to be owed more than $6 million in his buyout.

The move comes a day after a 45-26 home loss to Old Dominion in which the Hokies were booed loudly while heading to the locker room for halftime.

Saturday’s loss dropped Virginia Tech to 0-3 on the season and 16-24 through four seasons under Pry.

The hot-seat talk bubbled up around Pry in November last season, and if the Hokies had lost to Virginia to end the season, a change may have been made at that point. But Virginia Tech defeated Virginia, and Pry’s second consecutive 6-6 regular season landed him in a bowl game.

But as the offseason included personnel changes, the talk around Pry’s status didn’t fade. He entered Year 4 with a new defensive coordinator — Sam Siefkes, a former linebackers coach with the Arizona Cardinals — and a staff that included former longtime Hokies defensive coordinator Bud Foster as an adviser/analyst.

It did not work in the early going. Though the Hokies played hard in a season-opening loss to South Carolina, they were pushed around by another SEC team, Vanderbilt, in Virginia Tech’s home opener a week later. The Commodores scored 34 consecutive points to close out a 44-20 win in which they trailed by 10 points at halftime.

That loss, however, proved to be just an opening act to Saturday’s stunning loss to in-state foe Old Dominion.

“Clearly, it starts with me,” Pry said after the loss to the Monarchs. “Coaches, players, everybody is accountable here. We’ve got to get back to the basics and find a way to be closer to the team we can be.”

Virginia Tech will host Wofford on Saturday before beginning ACC play the following week at NC State.

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UCLA fires coach Foster after Bruins start 0-3

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UCLA fires coach Foster after Bruins start 0-3

UCLA fired football coach DeShaun Foster after he started his second season at the helm 0-3, the school announced Sunday.

An impressive class in the transfer portal, including the addition of former Tennessee quarterback Nico Iamaleava, seemed like a solid foundation for Year 2 under Foster, who rallied the Bruins to win four of their last six games to end the 2024 season.

But this season couldn’t have started off any worse. In the Rose Bowl on opening night, the Bruins fell to Utah 43-10. A week later at UNLV, they stumbled again, dropping a 30-23 decision. But those losses were just lead-ins to a puzzling 35-10 defeat at the hands of New Mexico in Week 3 at the Rose Bowl.

The Bruins, through three weeks, did not top 23 points in any game, and had allowed at least 30 in all three losses.

Foster had a 5-10 record in the 15 games he coached for the Bruins.

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