Sam Bankman-Fried Seeks New Trial Following FTX Fraud Conviction

Sam Bankman-Fried Seeks New Trial Following FTX Fraud Conviction

Sam Bankman-Fried, the former CEO of FTX, has filed for a retrial after being sentenced to 25 years in prison for his involvement in one of the largest financial fraud cases in cryptocurrency history. According to the New York Times, Bankman-Fried is appealing the November 2023 verdict, which found him guilty of defrauding investors of over $8 billion. His new attorney, Alexandra A.E. Shapiro, claims that U.S. District Judge Lewis Kaplan, who...

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