One More Round: Sam Bankman-Fried Seeks New Trial After FTX Fraud Ruling

Quick Summary:

After being found guilty of fraud and conspiracy in November, former CEO of the now-defunct crypto exchange FTX, Sam Bankman-Fried, has appealed seeking a fresh trial.

His legal team asserts that evidence has emerged suggesting that FTX was not insolvent at the time of its collapse and that it had substantial assets available to repay customers.

His legal team contends that Lewis Kaplan, the presiding judge, was biased and that the narrative of the case was mostly against him.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: Hungary

Topics: Sam Bankman-Fried FTX Crypto SBF Crypto News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-14 @ 22:00:23 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 436 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22507856

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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