Sam Bankman Freed appeals conviction, criticizes decide's 'disproportionate' choice

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Legal professionals representing FTX CEO and co-founder Sam Bankman Freed, who was convicted of fraud and cash laundering late final 12 months, are in search of a retrial.

Following the collapse of cryptocurrency change FTX, Bankman Freed was convicted on all seven counts and sentenced to 25 years in jail and ordered to pay $11 billion in forfeiture. He’s serving his sentence in Brooklyn.

Bloomberg experiences that Bankman-Freed's enchantment focuses on the conduct of U.S. District Decide Lewis Kaplan, claiming that Decide Kaplan's ruling was “not simply faulty however biased” and that the decide “always ridiculed Bankman-Freed all through the trial, repeatedly criticized her conduct and indicated he didn’t imagine her testimony.”

The enchantment additionally alleges that Kaplan “repeatedly ridiculed the protection” whereas serving to the federal government's case and “improperly urged” jurors to succeed in a fast verdict.

Bankman Freed's attorneys are in search of a brand new trial earlier than a brand new decide. The U.S. Lawyer's Workplace, which prosecuted the case, stated it had no plans to touch upon the movement.

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