Navigation
Search
|
Sam Bankman-Fried Files Appeal For Fraud Conviction
Saturday September 14, 2024. 01:20 AM , from Slashdot
'From day one, the prevailing narrative -- initially spun by the lawyers who took over FTX, quickly adopted by their contacts at the US Attorney's Office -- was that Bankman-Fried had stolen billions of dollars of customer funds, driven FTX to insolvency, and caused billions in losses,' said the appeal. 'Now, nearly two years later, a very different picture is emerging -- one confirming FTX was never insolvent, and in fact had assets worth billions to repay its customers. But the jury at Bankman-Fried's trial never got to see that picture.' The legal team requested the appellate court grant SBF a new trial with a different judge. It's unclear whether the Second Circuit could rule to affirm Bankman-Fried's conviction in the US District Court for the Southern District of New York or reverse the decision and set the groundwork for a new trial. Read more of this story at Slashdot.
https://yro.slashdot.org/story/24/09/13/2111209/sam-bankman-fried-files-appeal-for-fraud-conviction?...
Related News |
25 sources
Current Date
Sep, Thu 19 - 18:06 CEST
|