FTX founder and ex-CEO Sam Bankman-Fried is seeking to overturn his conviction and 25-year sentence for defrauding customers and investors in his cryptocurrency exchange.
FTX co-founder and former CEO Sam Bankman-Fried is appealing both his conviction and 25-year prison sentence after he was found guilty of defrauding investors and customers of his now-bankrupt cryptocurrency exchange. Attorneys for the former billionaire filed the appeal Thursday, along with a notice requesting that U.S. District Judge Lewis Kaplan allow Bankman-Fried to remain at the Brooklyn Metropolitan Detention Center while he prepares to appeal in Manhattan federal court.
FTX AND SAM BANKMAN-FRIED'S TRIAL: THE PLAYERS In November, a jury found Bankman-Fried guilty on all charges related to the collapse of his now-bankrupt cryptocurrency exchange in the first of two criminal trials against the former CEO.
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