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Appeals court rejects Sam Bankman-Fried's bid for new trial in FTX fraud case
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Appeals court rejects Sam Bankman-Fried's bid for new trial in FTX fraud case
On Friday, the U.S. Court of Appeals for the Second Circuit sided with an earlier district court’s decision, which found the former executive guilty of seven counts of fraud and conspiracy.In the order on Friday, a trio of judges disagreed with Bankman-Fried’s arguments that customer investments were sound and that liquidity was there to make customers whole, as well as his criticism of the court for not being allowed to bring evidence.
2026-06-12 Source:theblock.co
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