SBF Appeals Fraud Convictions, Seeks Retrial

Article is form Jinse
September 13, 2024
This article is translated by ChatGPT Show original
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"The Block reported that Sam Bankman-Fried (SBF), the founder of cryptocurrency exchange FTX, has formally appealed his fraud convictions, seeking a new trial and accusing the judge who presided over his case of bias against him.

Last November, a New York jury found SBF guilty on seven counts of fraud and conspiracy related to the collapse of his cryptocurrency exchange in November 2022. In March, U.S. District Judge Lewis Kaplan in the Southern District of New York (SDNY) sentenced SBF to 25 years in prison for the crimes, and he has now served six months.

In a 102-page appeal brief filed Friday afternoon, SBF's attorneys argued that Judge Kaplan was unfair to the FTX founder throughout the trial, making "derogatory comments that undermined the defense" and "mocking" his testimony in front of the jury."

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