FTX Founder Sam Bankman-Fried Appeals Fraud Conviction

2024-4-12 21:25

FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so.

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FTX Ramps Up Restitution Efforts, Subpoenas AI Firm CAIS Over $6.5M Investment

Bankrupt crypto exchange FTX, led by newly appointed CEO John Ray III, has embarked on an intensive legal campaign to regain control and recover assets in its pursuit of financial restitution.   As founder Sam Bankman-Fried awaits possible conviction and faces a staggering 114 years in prison if found guilty, FTX’s asset recovery plan continues under Ray’s leadership.

2023-10-26 22:00