Sam Bankman-Fried loses bid to appeal against fraud conviction in FTX case
The Guardian Business ·
Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded. …
Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded. The decision was handed down by a three-judge panel of the New York-based second US circuit court of appeals. Bankman-Fried, who had been one of the cryptocurrency sector’s most influential figures and a multibillionaire before FTX’s spectacular collapse in 2022, was found guilty on seven felony charges by a federal jury in …
Original source: The Guardian Business