Sam Bankman-Fried Files Appeal to Overturn Fraud Conviction
Sam Bankman-Fried has filed an official appeal to overturn his fraud conviction in the case of fallen crypto exchange FTX. The founder of the collapsed FTX exchange was convicted last fall and is serving a 25-year sentence in prison. JUST IN: Sam Bankman-Fried files appeal to overturn FTX fraud conviction. — Watcher.Guru (@WatcherGuru) September 13, 2024 In the 102-page appeal, a lawyer for Mr. Bankman-Fried called for a new trial. The defendants pointed to several rulings by Judge Lewis A. Kaplan of Manhattan that limited Bankman-Fried to introduce evidence and hampered his defense. “Sam Bankman-Fried was never presumed innocent,” wrote the lawyer, Alexandra A.E. Shapiro. “He was presumed guilty by the judge who presided over his trial.” Sam Bankman-Fried Appeals FTX Conviction Shapiro’s written appeal also criticized a ruling by Judge Kaplan that prevented Bankman-Fried from arguing in court that FTX’s users had not actually lost money. SBF and his defense argued that use...