Sunil Kavuri, a British victim of the FTX fraud, said he had flown in from London to speak on behalf of the 200 victims who had given victim impact statements to the court.
Kavuri said he’s been ‘living the FTX nightmare every day for almost two years, a lot of crying, sleepless nights’.
‘I have a new baby son and older and have spoken to tens of thousand of victims like myself who have had their dreams destroyed,’ he said.
‘My house, the money I wanted to spend on a family home was taken away as well as my children’s education’.
Kavuri said that he disputed the idea that FTX customers would get all their money back. Judge Kaplan agreed and said that would be ‘incorrect’.
‘All the creditors continue to suffer, not only monetary loss, but emotional and mental distress,’ Kavuri said.
‘People are on medication, recovering, mental health issues, depression and sadly at least three people I’ve heard of have committed suicide as a result of this FTX fraud.’
Bankman-Fried avoided looking at Kavuri as he spoke.