Sam Bankman-Fried Loses Appeal of FTX Fraud Conviction

Date:

Indicted FTX founder Sam Bankman-Fried leaves the United States Courthouse in New York on July 26, 2023. Amr Alfiky/ReutersA federal appeals court has upheld the fraud conviction of Sam Bankman-Fried, founder of the now-defunct FTX cryptocurrency exchange.In an opinion issued Friday, a three-judge panel of the Manhattan-based U.S. Court of Appeals for the Second Circuit rejected arguments from Bankman-Fried’s attorneys that his 2023 trial was unfair and that the presiding judge was biased against him, among other claims.

spot_imgspot_imgspot_img

Share post:

More like this
Related

UK Economy Shrank Slightly in April as Services Weakened: ONS

A pedestrian shelters from the rain beneath an umbrella...

Elon Musk Becomes Worlds First Trillionaire as SpaceX Surges on Debut

SpaceX CEO Elon Musk, displayed on a screen remotely...

Gas Prices Fall for 3rd Straight Week

Gas prices are displayed at a Mobil gas station...

Merz Pushes Stronger EU Trade Tools as Chinese Pressure Tests German Industry

German Chancellor Friedrich Merz addresses the Bundestag on June...