SBF Asks Supreme Court to Overturn Conviction, $11B Forfeiture: Report
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SBF asks Supreme Court to overturn conviction, $11B forfeiture: Report
Bankman-Fried’s lawyers challenged the exclusion of evidence about customer losses and argued that his $11 billion forfeiture was excessive. Former FTX CEO Sam Bankman-Fried reportedly asked the US Supreme Court to overturn his 2023 fraud conviction. He sought a new trial and the reversal of an $11 billion forfeiture order, according to a Thursday court […]
Sam Bankman-Fried Asks Supreme Court to Overturn Fraud Conviction
Key Facts Sam Bankman-Fried has petitioned the Supreme Court to overturn his fraud conviction from the collapse of FTX. The petition also targets the roughly $11 billion forfeiture order tied to the case. A cert petition does not guarantee...
Sam Bankman-Fried, Former Crypto Billionaire, Appeals His Conviction To the US Supreme Court
America's highest court heard Sam Bankman-Fried's request for a new trial on Thursday, CNN reports. But they add that "the former crypto mogul who was convicted of defrauding investors by secretly diverting billions of dollars of their money" also asked America's high court "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 dir…
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