FTX Founder Sam Bankman-Fried Files Appeal to Overturn Fraud Conviction
Published On Sep 13, 2024, 3:09 PM
Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX, has filed an appeal against his conviction for fraud and money laundering. He is currently serving a 25-year prison sentence. The appeal argues that the judge restricted his defense's ability to present evidence, leading to a presumption of guilt rather than innocence. Bankman-Fried has consistently claimed his innocence since being charged following FTX's collapse in November 2022.