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Sam Bankman-Fried Appeals 25-Year Sentence, Cites Presumed Guilt
Sam Bankman-Fried (SBF), founder of the now-defunct FTX cryptocurrency exchange, has filed an appeal against his 25-year prison sentence for fraud. He argues that he was "presumed guilty" before being charged.
Allegations Against Judge Kaplan
- SBF's legal team claims US District Judge Lewis Kaplan pressured jurors and favored the prosecution.
- They request a new trial with a different judge, stating that SBF was never presumed innocent.
SBF's Defense Argument
- SBF was found guilty of seven criminal counts, including fraud and conspiracy, related to the collapse of FTX.
- His lawyers argue he did not intend to defraud customers and planned to repay them fully.
- The defense claims that SBF was blocked from presenting evidence of FTX's alleged solvency during the trial.
The appeal process is ongoing, with its outcome yet to be determined.