Loading...
Market
Story
FTX Founder Sam Bankman-Fried Appeals Fraud Conviction, Alleging Judicial Bias
Sep 13, 2024, 07:36 PM
On September 13, 2024, Sam Bankman-Fried, founder and former CEO of the collapsed crypto exchange FTX, filed a 102-page appeal to overturn his fraud conviction and 25-year prison sentence. The appeal alleges judicial bias and improper limitations on his defense, criticizing US District Judge Lewis A. Kaplan's rulings. Bankman-Fried's legal team argues that the principles of a fair trial were compromised, claiming that the rush to judgment following FTX's collapse led to a 'sentence first-verdict afterwards' scenario. The appeal aims to secure a new trial for Bankman-Fried, who was convicted of orchestrating an $8 billion fraud scheme targeting customer funds.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Less than 5 years • 25%
5 to 10 years • 25%
More than 10 years • 25%
No prison time • 25%
Granted • 33%
Denied • 33%
Pending • 33%
Yes • 50%
No • 50%
Conviction Overturned • 33%
Conviction Upheld • 33%
Pending • 33%
Convicted • 33%
Acquitted • 33%
Mistrial • 33%
Sentence reduced • 25%
Sentence upheld • 25%
Sentence increased • 25%
Appeal withdrawn • 25%
Conviction upheld • 25%
Conviction overturned • 25%
New trial ordered • 25%
Other outcome • 25%
Conviction upheld • 25%
Conviction overturned • 25%
Sentence reduced • 25%
Other outcome • 25%