Bankman-Fried Appeals Fraud and Conspiracy Convictions
Bankman-Fried Appeals Fraud and Conspiracy Convictions
Bankman-Fried Appeals Fraud and Conspiracy Convictions
News summary

Sam Bankman-Fried, founder of the collapsed crypto exchange FTX, has filed an appeal to overturn his conviction on fraud and conspiracy charges, citing judicial bias and unfair trial conditions. His legal team, led by Alexandra Shapiro, argues that US District Judge Lewis Kaplan presumed Bankman-Fried guilty from the outset, restricted key defense arguments, and mocked defense counsel. The appeal also claims the prosecution misrepresented FTX's financial state, painting a misleading picture of permanent customer losses. Bankman-Fried is seeking a new trial under a different judge, asserting that new evidence shows FTX had sufficient assets to repay customers. The U.S. attorney's office has not commented on the appeal.

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0319a078-c5a7-4188-95f2-60cb4be32cc6372f1eb9-53ba-4c9c-bd38-30c47db3342acad3d7a8-9ce2-4060-a6fb-3964c8b500897684cee2-ff92-4e65-86b5-bfb0b188107d
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6
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1
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2
Last Updated
3 days ago
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