FTX founder Sam Bankman-Fried appeals 25-year fraud sentence

Published April 11, 2024 5:39pm ET



FTX founder Sam Bankman-Fried, sentenced to 25 years in prison last month for orchestrating one of the largest financial frauds in U.S. history, filed an appeal in federal court Thursday.  

The 32-year-old former mogul was sentenced in March, four months after a New York jury found him guilty of two counts of fraud and five counts of conspiracy that led to the seismic collapse of his cryptocurrency exchange and affiliated hedge fund.

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