Sam Bankman-Fried Appeals Fraud Conviction, Seeks New Trial
- Sam Bankman-Fried has appealed his fraud conviction and requested a new trial.
- SBF alleges that Judge Lewis Kaplan’s ruling against him was unfair and biased.
- The lawyers state that the judge frequently criticized and mocked SBF during the trial.
FTX founder Sam Bankman-Fried, who has been imprisoned for fraud and conspiracy charges, appealed his fraud conviction and requested a new trial. The billionaire wrote in a 102-page brief filed on Friday that U.S. District Judge Lewis Kaplan’s judgment over the FTX collapse was unfair and biased.
FTX Fall and SBF’s Fraud
Following the FTX debacle that led to the prolonged crypto winter, Bankman-Fried was convicted of multiple counts of fraud and conspiracy charges, with some describing it as one of the biggest financial frauds in American history. While the seven charges totaled up to 115 years of prison sentence, SBF’s family and acquaintances pleaded for the judge’s leniency, citing his psychiatric conditions.
As per his mother Barbara Fried’s letter to the judge, SBF was suffering from Autism Spectrum Disorder (ASD). She stated that the imprisonment could further worsen his condition. George Lern…
The post Sam Bankman-Fried Appeals Fraud Conviction, Seeks New Trial appeared first on Coin Edition.
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Sam Bankman-Fried Appeals Fraud Conviction, Seeks New Trial
- Sam Bankman-Fried has appealed his fraud conviction and requested a new trial.
- SBF alleges that Judge Lewis Kaplan’s ruling against him was unfair and biased.
- The lawyers state that the judge frequently criticized and mocked SBF during the trial.
FTX founder Sam Bankman-Fried, who has been imprisoned for fraud and conspiracy charges, appealed his fraud conviction and requested a new trial. The billionaire wrote in a 102-page brief filed on Friday that U.S. District Judge Lewis Kaplan’s judgment over the FTX collapse was unfair and biased.
FTX Fall and SBF’s Fraud
Following the FTX debacle that led to the prolonged crypto winter, Bankman-Fried was convicted of multiple counts of fraud and conspiracy charges, with some describing it as one of the biggest financial frauds in American history. While the seven charges totaled up to 115 years of prison sentence, SBF’s family and acquaintances pleaded for the judge’s leniency, citing his psychiatric conditions.
As per his mother Barbara Fried’s letter to the judge, SBF was suffering from Autism Spectrum Disorder (ASD). She stated that the imprisonment could further worsen his condition. George Lern…
The post Sam Bankman-Fried Appeals Fraud Conviction, Seeks New Trial appeared first on Coin Edition.
Read More
IMX Price Drops to 2-Year Low After 30 Million Tokens Are Sold; All-Time Low in Sight