Sam Bankman-Fried Appeals 25-Year Sentence for FTX Fraud

The former crypto mogul challenges his conviction and sentence, asserting judicial errors and maintaining his innocence.

Sam Bankman-Fried has filed an appeal against his 25-year prison sentence and conviction for defrauding investors and customers of FTX.
The appeal, which could take years, contends that significant judicial errors led to an unfair trial.
U.S. District Judge Lewis Kaplan previously described Bankman-Fried's actions as 'brazen', criticizing his lack of remorse.
Prosecutors had sought a 40-50 year sentence, highlighting the severity of the fraud involving billions of dollars.
The case is a landmark in legal actions against crypto industry excesses, with Bankman-Fried's former associates also facing charges.