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  5. Sam Bankman-Fried appeals FTX fraud conviction and 25-year sentence

Sam Bankman-Fried appeals FTX fraud conviction and 25-year sentence

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Sam Bankman-Fried, the founder of the now-bankrupt FTX cryptocurrency exchange, has appealed his conviction and 25-year prison sentence following his November 2023 trial. He was found guilty on seven counts of fraud, embezzlement, and conspiracy. The exact grounds for his appeal are not yet clear. Bankman-Fried rose to prominence in the crypto world, becoming a billionaire before turning 30 and gracing magazine covers. However, his rapid rise came crashing down when he was convicted in November. The defense lawyer, Marc Mukasey, announced plans for an appeal to the 2nd U.S. Circuit Court of Appeals.

  1. GBThe Guardian
    1. Sam Bankman-Fried appeals FTX fraud convictions and 25-year prison sentence
  2. CACTV News
    1. Bankman-Fried appeals FTX fraud conviction, 25-year sentence
  3. FRFrance 24
    1. Sam Bankman-Fried appeals FTX fraud conviction and 25-year jail term
  4. QAAl Jazeera
    1. FTX's Sam Bankman-Fried ap­peals con­vic­tion and 25-year sen­tence for fraud

FTX Collapse

  1. Caroline Ellison sentenced to two years in prison for her role in FTX fraud case
  2. Sam Bankman-Fried sentenced to 25 years in prison for FTX fraud
  3. Sam Bankman-Fried will not face a second trial, prosecutors say

sources

  1. 1.The Guardian
  2. 2.CTV News
  3. 3.France 24
  4. 4.Al Jazeera
  5. 5.Forbes

perspectives

  1. 1.Lawsuit
  2. 2.Fraud
  3. 3.Banking industry
  4. 4.Cryptocurrencies
  5. 5.Bankruptcy

countries

  1. 1.BahamasBS
  2. 2.MontenegroME
  3. 3.United StatesUS

organizations

  1. 1.FTX
  2. 2.Alameda Research
  3. 3.Binance
  4. 4.Massachusetts Institute of Technology
  5. 5.Terraform Labs
  6. 6.US Court of Appeals for the Second CircuitUS
  7. 7.US District Court

persons

  1. 1.Lewis KaplanUS
  2. 2.Sam Bankman-Fried
  3. 3.Marc Mukasey
  4. 4.Caroline EllisonUS
  5. 5.Changpeng Zhao
  6. 6.Do Kwon
  7. 7.Luc Cohen
  8. 8.Will Dunham