The filing comes two weeks after Judge Lewis A. Kaplan sentenced Bankman-Fried to more than two decades in prison.
FTX co-founder Sam Bankman-Fried will appeal his conviction and 25-year prison sentence for committing a multibillion dollar fraud at his once-thriving cryptocurrency exchange. The 32-year-old filed a notice of appeal in federal court in Manhattan Thursday, formally starting the process to have his conviction and punishment overturned. The filing comes two weeks after Judge Lewis A.
In a change of tune from his earlier protests about the tough conditions at Brooklyn’s Metropolitan Detention Center, Bankman-Fried has also requested to stay at the notorious prison while his appeal plays out. It could be many months until the federal appeals court hears Bankman-Fried’s arguments. Bankman-Fried has long maintained his innocence, claiming he didn’t knowingly commit fraud or steal $10 billion from customers, investors and lenders.
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