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Former crypto billionaire Sam Bankman-Fried appeals conviction to Supreme Court

Summary by KVIA
By John Fritze, CNN (CNN) — Sam Bankman-Fried, the former crypto mogul who was convicted of defrauding investors by secretly diverting billions of dollars of their money, asked the Supreme Court on Thursday for a new trial and to throw out a court order requiring him to pay $11 billion as part of his sentence.Bankman-Fried was sentenced to 25 years in prison in 2024 after prosecutors said he directed billions of dollars from the crypto exchange …

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Former crypto billionaire Sam Bankman-Fried appeals conviction to Supreme Court

Sam Bankman-Fried, the former crypto mogul who was convicted of defrauding investors by secretly diverting billions of dollars of their money, asked the Supreme Court on Thursday for a new trial and to throw out a court order requiring him to pay $11 billion as part of his sentence.

·Atlanta, United States
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KIFI broke the news in Idaho Falls, United States on Thursday, September 10, 2026.
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