Sam Bankman-Fried (SBF), the founder of FTX, has filed an appeal against his nearly 25-year prison sentence for fraud and conspiracy charges. The appeal was lodged with Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York. Following his conviction and sentencing on March 28, SBF is challenging both the conviction and the sentence. In related financial news, the price of FTT, the cryptocurrency associated with FTX, saw an increase of 11% following the announcement of the appeal.
Coinbase asks to appeal part of case against US SEC https://t.co/5595QdA6z2 https://t.co/EptQWR9rDF
.@FTX_Official founder @SBF_FTX filed to appeal his conviction and sentence for fraud and conspiracy charges. The $FTT price has increased by 11%. https://t.co/1h67OUOHZK https://t.co/TYOOTp6RqK
SBF filed a notice of appeal with Lewis Kaplan, a judge in the U.S. District Court for the Southern District of New York, on Thursday. Court documents show that the appeal involves his conviction and sentencing. On March 28 of this year, SBF was sentenced to nearly 25 years in…
🚨 SBF to appeal his 25 year prison sentence
SBF when he finally gets out of prison https://t.co/hSbxESoIdp