According to Odaily Planet Daily, SBF has formally appealed its fraud conviction. In a 102-page appeal filed on Friday afternoon, SBF's lawyers asked the U.S. Court of Appeals for the Second Circuit to overturn the original conviction and assign a new judge to conduct a retrial because the judge who heard his case was unfairly biased against SBF.

Last November, a New York jury convicted SBF of seven counts of fraud and conspiracy related to the collapse of its cryptocurrency trading platform in November 2022. In March of this year, U.S. District Judge Lewis Kaplan of the Southern District of New York (SDNY) sentenced SBF to 25 years in prison for the crimes, and he has currently served six months of his sentence.