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Al Jazeera
Al Jazeera
Business

FTX’s Sam Bankman-Fried appeals conviction and 25-year sentence for fraud

FTX Sam Bankman-Fried Lewis Kaplan Crypto United States
FTX founder Sam Bankman-Fried was last month sentenced to 25 years in prison on fraud and conspiracy charges [John Minchillo/AP]

FTX founder Sam Bankman-Fried has appealed his conviction and 25-year prison sentence for stealing billions of dollars from customers of his defunct cryptocurrency exchange.

Bankman-Fried was convicted in November on seven counts of fraud and conspiracy in what US authorities described as one of the biggest financial frauds in US history.

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