SBF Loses Appeal, Locking in 25-Year FTX Fraud Sentence

A federal appeals court has denied Sam Bankman-Fried’s bid to overturn his fraud conviction, cementing the 25-year prison sentence handed down following the $8 billion collapse of crypto exchange FTX. On June 12, a three-judge panel of the 2nd U.S. Circuit Court of Appeals ruled against Bankman-Fried, upholding his 2023 conviction on seven felony counts […] The post SBF Loses Appeal, Locking in 25-Year FTX Fraud Sentence appeared first on the deep dive.