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Sam Bankman-Fried files appeal for felony conviction #conviction Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced to 25 years in prison. $BTC Lawyers representing former cryptocurrency exchange FTX CEO Sam “SBF” Bankman-Fried have filed a long-anticipated appeal for his conviction on seven felony counts and his 25-year prison sentence. #prison $ETH In a Sept. 13 filing in the United States Court of Appeals for the Second Circuit, SBF’s lawyers filed a 102-page brief claiming that the former FTX CEO was “never presumed innocent,” subject to scrutiny that allegedly affected prosecutors, the presiding judge, and treatment by the media. Bankman-Fried’s legal team announced in April — a few weeks after a federal judge sentenced him to 25 years in prison — that they intended to appeal. #AppealForSupport $BNB According to the appeal, SBF’s lawyers alleged the jury was “only allowed to see half the picture” with FTX user funds, claiming prosecutors had “presented a false narrative” that the money was permanently lost and Bankman-Fried intentionally caused that loss. They also claimed that counsel for the FTX debtors worked with the US government in a way that was above and beyond “cooperation,” providing information allegedly as an “arm of the prosecution.” #ProsecutionDefense “From day one, the prevailing narrative—initially spun by the lawyers who took over FTX, quickly adopted by their contacts at the US Attorney’s Office— was that Bankman-Fried had stolen billions of dollars of customer funds, driven FTX to insolvency, and caused billions in losses,” said the appeal. “Now, nearly two years later, a very different picture is emerging—one confirming FTX was never insolvent, and in fact had assets worth billions to repay its customers. But the jury at Bankman-Fried’s trial never got to see that picture.” #PICTURE The legal team requested the appellate court grant SBF a new trial with a different judge.
Sam Bankman-Fried files appeal for felony conviction #conviction

Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced to 25 years in prison.
$BTC
Lawyers representing former cryptocurrency exchange FTX CEO Sam “SBF” Bankman-Fried have filed a long-anticipated appeal for his conviction on seven felony counts and his 25-year prison sentence. #prison
$ETH
In a Sept. 13 filing in the United States Court of Appeals for the Second Circuit, SBF’s lawyers filed a 102-page brief claiming that the former FTX CEO was “never presumed innocent,” subject to scrutiny that allegedly affected prosecutors, the presiding judge, and treatment by the media.

Bankman-Fried’s legal team announced in April — a few weeks after a federal judge sentenced him to 25 years in prison — that they intended to appeal. #AppealForSupport
$BNB
According to the appeal, SBF’s lawyers alleged the jury was “only allowed to see half the picture” with FTX user funds, claiming prosecutors had “presented a false narrative” that the money was permanently lost and Bankman-Fried intentionally caused that loss.

They also claimed that counsel for the FTX debtors worked with the US government in a way that was above and beyond “cooperation,” providing information allegedly as an “arm of the prosecution.” #ProsecutionDefense

“From day one, the prevailing narrative—initially spun by the lawyers who took over FTX, quickly adopted by their contacts at the US Attorney’s Office— was that Bankman-Fried had stolen billions of dollars of customer funds, driven FTX to insolvency, and caused billions in losses,” said the appeal.

“Now, nearly two years later, a very different picture is emerging—one confirming FTX was never insolvent, and in fact had assets worth billions to repay its customers. But the jury at Bankman-Fried’s trial never got to see that picture.” #PICTURE

The legal team requested the appellate court grant SBF a new trial with a different judge.
$1000SATS A big shout out to my friend here who trashtalks about the coin #CryptoDylan . Saying that $1000SATS is a useless meme, 2 yr old toddler. Now where are you at? 🤣 As I told you yesterday, you don't know how to read graph. You have a poor analysis. So you better stop giving negative comments on the "new" coin. #conviction #patience
$1000SATS A big shout out to my friend here who trashtalks about the coin #CryptoDylan . Saying that $1000SATS is a useless meme, 2 yr old toddler. Now where are you at? 🤣 As I told you yesterday, you don't know how to read graph. You have a poor analysis. So you better stop giving negative comments on the "new" coin.
#conviction #patience
1st ever market manipulation conviction in cryptocurrency: Avraham Eisenberg was found guilty by a jury on all three charges of fraud and market manipulation in a $110 million scheme on the Mango Markets platform. Eisenberg engaged in trades that artificially inflated the value of Mango Markets' native token, MNGO This was the first conviction for market manipulation in the crypto arena. Eisenberg now faces up to 20 years in prison. FULL ARTICLE: https://www.investopedia.com/cryptocurrency-market-news-transaction-fees-spike-bitcoin-halving-8636756 #Write2Earn #cryptofraud #MarketManipulation #conviction
1st ever market manipulation conviction in cryptocurrency:

Avraham Eisenberg was found guilty by a jury on all three charges of fraud and market manipulation in a $110 million scheme on the Mango Markets platform.

Eisenberg engaged in trades that artificially inflated the value of Mango Markets' native token, MNGO

This was the first conviction for market manipulation in the crypto arena.

Eisenberg now faces up to 20 years in prison.

FULL ARTICLE: https://www.investopedia.com/cryptocurrency-market-news-transaction-fees-spike-bitcoin-halving-8636756

#Write2Earn #cryptofraud #MarketManipulation #conviction
Patience and Conviction: Keys to Long-Term Crypto Success In the volatile world of cryptocurrencies, staying calm and focused can be challenging. However, these principles can serve as your guiding stars: 1. Avoid Choppy Waters: Trading in choppy price action is like trying to navigate a stormy sea. It's easy to get lost and make impulsive decisions. Stick to clear trends and avoid the noise. 2. Leverage: A Double-Edged Sword: While leverage can amplify gains, it can also magnify losses. Avoid using it, especially if you're new to trading. A disciplined approach with your own funds is the safest bet. 3. Identify Potential Gems: Altcoins that are breaking or about to break their downtrends often present excellent opportunities. Conduct thorough research and look for signs of a potential reversal before investing. 4. Tune Out the Noise: The crypto world can be filled with hype, fear, and misinformation. Focus on your own analysis and ignore the noise. Let your research guide your decisions. 5. The Long Game: Remember, crypto is a marathon, not a sprint. Focus on the mid and long-term potential of your investments. Short-term fluctuations are to be expected. 6. Enjoy the Journey: While it's important to be strategic, don't forget to enjoy the process. Crypto investing can be exciting and rewarding. Take breaks, relax, and savor the moments. Patience and Conviction: These two qualities are the cornerstones of successful crypto investing. Stay patient, stick to your plan, and believe in your research. The rewards will come in time. Always DYOR! Vote for @RonyZ in Square Creator Awards 2024 🤝 #TraderEducation #cryptotips #PatienceIsKey #conviction
Patience and Conviction: Keys to Long-Term Crypto Success

In the volatile world of cryptocurrencies, staying calm and focused can be challenging.
However, these principles can serve as your guiding stars:

1. Avoid Choppy Waters:
Trading in choppy price action is like trying to navigate a stormy sea. It's easy to get lost and make impulsive decisions. Stick to clear trends and avoid the noise.

2. Leverage: A Double-Edged Sword:
While leverage can amplify gains, it can also magnify losses. Avoid using it, especially if you're new to trading. A disciplined approach with your own funds is the safest bet.

3. Identify Potential Gems:
Altcoins that are breaking or about to break their downtrends often present excellent opportunities. Conduct thorough research and look for signs of a potential reversal before investing.

4. Tune Out the Noise:
The crypto world can be filled with hype, fear, and misinformation. Focus on your own analysis and ignore the noise. Let your research guide your decisions.

5. The Long Game:
Remember, crypto is a marathon, not a sprint. Focus on the mid and long-term potential of your investments. Short-term fluctuations are to be expected.

6. Enjoy the Journey:
While it's important to be strategic, don't forget to enjoy the process. Crypto investing can be exciting and rewarding. Take breaks, relax, and savor the moments.

Patience and Conviction:
These two qualities are the cornerstones of successful crypto investing. Stay patient, stick to your plan, and believe in your research. The rewards will come in time.

Always DYOR!

Vote for @RonyZ in Square Creator Awards 2024 🤝

#TraderEducation #cryptotips #PatienceIsKey #conviction