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International Business Times
International Business Times
Business
AFP News

Sam Bankman-Fried Appeals Fraud Conviction, 25-year Jail Term

Sam Bankman-Fried Crypto Lewis Kaplan SBF FTX
Fallen crypto wunderkind Sam Bankman-Fried has formally appealed his conviction and sentence (Credit: AFP)

Fallen cryptocurrency wunderkind Sam Bankman-Fried has appealed his federal conviction and 25-year jail sentence in a sweeping fraud case, according to a legal filing made public Thursday.

News of the appeal comes two weeks after US District Court Judge Lewis Kaplan set the prison term and ordered Bankman-Fried, known as "SBF," to pay $11 billion in forfeiture.

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