Sam Bankman-Fried Loses Appeal as Federal Court Upholds ‘Robust’ Fraud Conviction – Decrypt
In brief A federal appeals court unanimously upheld Sam Bankman-Fried’s fraud conviction and 25-year prison sentence. Judges rejected his argument that FTX could have repaid customers, finding his misrepresentations alone constituted fraud. With his appeal denied, a presidential pardon appears to be his only remaining path out of prison. FTX co-founder and former CEO Sam...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
