Federal Court Denies Sam Bankman-Fried’s Bid to Overturn 25-Year Prison Sentence
In a decisive move, a federal appeals court has rejected Sam Bankman-Fried’s attempt to overturn his lengthy prison sentence stemming from his role in the collapse of FTX, one of the biggest cryptocurrency exchanges in history. The three-judge panel of the Manhattan-based 2nd U.S. Circuit Court of Appeals unanimously dismissed his plea on Friday, cementing his 25-year incarceration. Bankman-Fried, the founder and former CEO of FTX, appeared before the court to argue against his sentence, which he and many of his supporters have criticized as excessively harsh. Dressed in prison attire, the former billionaire pleaded his case, but the panel












