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The Independent UK
The Independent UK
National
Larry Neumeister

Appeals court upholds FTX co-founder Sam Bankman-Fried's fraud conviction

Bankman-Fried-FTX - (Copyright 2023 The Associated Press. All rights reserved)

A federal appeals court has upheld the conviction of cryptocurrency entrepreneur and FTX co-founder Sam Bankman-Fried, finding that the 2023 trial that led to his 25-year prison sentence was not unfair.

The 2nd U.S. Circuit Court of Appeals in Manhattan said Friday the government's evidence against the once high-profile player in the cryptocurrency industry was “conservatively stated, robust.”

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