The post Sam Bankman-Fried Fights Back: Appeals 25-Year Fraud Sentence appeared first on Coinpedia Fintech News
After a year-long odyssey of legal trials and appeals and finally being sentenced, Sam Bankman-Fried, the former crypto mogul and co-founder of the FTX cryptocurrency exchange, has lodged an appeal against his conviction and 25-year prison sentence.
Let’s dive deeper into the details –
Sam Bankman-Fried Appeals Against Conviction
The face of the defendant party, Sam Bankman-Fried’s defense lawyer, Marc Mukasey, has filed and pleaded an appeal to the Manhattan-based 2nd U.S. Circuit Court of Appeals. The appeal prays against the conviction of SBF and locking him up behind bars for 25 years.
The intention was to challenge the conviction and sentencing imposed by U.S. District Judge Lewis Kaplan for orchestrating an $8 billion fraud scheme, is simply that, the FTX customers will be (and are) getting back their money.
The appeal hearing is expected to b
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