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Sam Bankman-Fried Loses Appeal Against Fraud Conviction, 25-Year Prison Sentence

Loses Appeal Against Fraud Conviction
International Business Times Fews App News Provider
Fews App Post Time 15h ago

The judges described Bankman-Fried as the "main driver of one of the largest frauds on record," according to the latest ruling. AFP Sam Bankman-Fried has lost his appeal against his fraud conviction and 25-year prison sentence, with a federal appeals court in Manhattan ruling that the former FTX chief executive received a fair trial and was properly convicted for his role in the collapse of the cryptocurrency exchange. A three-judge panel of the U.

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