đ¨ Crypto News Flash! đ¨
Former FTX CEO Sam Bankman-Fried is challenging his 25-year sentence after being found guilty of defrauding investors of over $8 billion. His new lawyer, Alexandra A.E. Shapiro, claims Judge Kaplan was biased and hindered his defense. Theyâve filed a 102-page appeal for a new trial.
- Bankman-Fried insists he never intended to mislead investors.
- Other FTX execs, like Caroline Ellison and Ryan Salame, also face legal battles.
- FTX and Alameda reached a $12.7B settlement with the CFTC.
What are your thoughts on this legal drama? đŹđ
#CryptoNews #FTX #LegalBattle