Sam Bankman-Fried files to appeal conviction and sentence

The legal team for Sam “SBF” Bankman-Fried has submitted an appeal application to challenge his previous conviction and penalty as the ex-FTX CEO.

In a court document submitted on April 11 to the Southern District of New York, lawyer Alexandra Shapiro announced that Bankman-Fried intended to challenge both his jury verdict for seven felony counts and the 25-year prison sentence handed down by Judge Lewis Kaplan. His legal team had already expressed their intention to appeal during the March 28 sentencing hearing, making this filing a formality.

Two weeks after the sentencing hearing of Bankman-Fried’s, his legal team petitioned Judge Kaplan for permission to keep him at the Metropolitan Detention Center in Brooklyn during the appeal process, instead of transferring him to a federal prison in the San Francisco Bay Area.

This is a developing story, and further information will be added as it becomes available.

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2024-04-11 21:56