Posted 4/11/2024, 6:25:00 PM
FTX's Bankman-Fried Appeals Fraud Conviction and 25-Year Prison Sentence
- FTX founder Sam Bankman-Fried appeals fraud conviction and 25-year prison sentence
- Filed appeal hours before Thursday deadline to do so
- Convicted in November 2022 on 7 charges including fraud against FTX customers & Alameda investors
- Sentencing judge said Bankman-Fried was not remorseful and called his altruistic persona an “act”
- Bankman-Fried surprisingly asked to stay in notorious Manhattan Detention Center during appeal