{"id":12911,"date":"2024-09-13T19:18:44","date_gmt":"2024-09-13T19:18:44","guid":{"rendered":"https:\/\/medexperts.pro\/?p=12911"},"modified":"2024-09-13T19:24:20","modified_gmt":"2024-09-13T19:24:20","slug":"ftx-founder-sam-bankman-fried-files-appeal-to-overturn-fraud-conviction","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=12911","title":{"rendered":"FTX Founder Sam Bankman-Fried Files Appeal to Overturn Fraud Conviction"},"content":{"rendered":"
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Mr. Bankman-Fried, the founder of the collapsed FTX cryptocurrency exchange, was convicted last fall and is serving a 25-year sentence in prison.<\/p>\n

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Sam Bankman-Fried<\/a>, the founder of the collapsed cryptocurrency exchange FTX, filed an appeal on Friday, attacking the judge who oversaw his conviction on charges that he orchestrated a sweeping fraud to steal $8 billion from customers.<\/p>\n

A federal jury found Mr. Bankman-Fried guilty of fraud<\/a>, conspiracy and money laundering after a monthlong trial in New York last fall. In March, Judge Lewis A. Kaplan of Federal District Court in Manhattan sentenced Mr. Bankman-Fried to 25 years in prison.<\/p>\n

In the 102-page appeal, a lawyer for Mr. Bankman-Fried called for a new trial, pointing to several rulings by Judge Kaplan that limited the FTX founder\u2019s ability to introduce evidence and hampered his defense.<\/p>\n

\u201cSam Bankman-Fried was never presumed innocent,\u201d wrote the lawyer, Alexandra A.E. Shapiro. \u201cHe was presumed guilty by the judge who presided over his trial.\u201d<\/p>\n<\/div>\n<\/div>\n

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A spokesman for Damian Williams, the U.S. attorney for the Southern District of New York in Manhattan, said the office had no plans to comment on the filing.<\/p>\n

An appeal of a federal conviction is always a long shot. Mr. Bankman-Fried, 32, has maintained he is innocent from the moment prosecutors charged him with fraud<\/a> shortly after FTX collapsed in November 2022. He has been serving his sentence at the Metropolitan Detention Center in Brooklyn, where has been held since shortly before his trial.<\/p>\n

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Mr. Bankman-Fried, the founder of the collapsed FTX cryptocurrency exchange, was convicted last fall and is serving a 25-year sentence in prison.Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, filed an appeal on Friday, attacking the judge who oversaw his conviction on charges that he orchestrated a sweeping fraud to steal $8 billion from customers.A federal jury found Mr. Bankman-Fried guilty of fraud, conspiracy and money laundering after a monthlong trial in New York last fall. In March, Judge Lewis A. Kaplan of Federal District Court in Manhattan sentenced Mr. Bankman-Fried to 25 years in prison.In the 102-page appeal, a lawyer for Mr. Bankman-Fried called for a new trial, pointing to several rulings by Judge Kaplan that limited the FTX founder\u2019s ability to introduce evidence and hampered his defense.\u201cSam Bankman-Fried was never presumed innocent,\u201d wrote the lawyer, Alexandra A.E. Shapiro. \u201cHe was presumed guilty by the judge who presided over his trial.\u201dA spokesman for Damian Williams, the U.S. attorney for the Southern District of New York in Manhattan, said the office had no plans to comment on the filing.An appeal of a federal conviction is always a long shot. Mr. Bankman-Fried, 32, has maintained he is innocent from the moment prosecutors charged him with fraud shortly after FTX collapsed in November 2022. He has been serving his sentence at the Metropolitan Detention Center in Brooklyn, where has been held since shortly before his trial.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":12913,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-12911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/12911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12911"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/12911\/revisions"}],"predecessor-version":[{"id":12914,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/12911\/revisions\/12914"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/12913"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}