Sam Bankman-Fried Appeals 25-Year Prison Sentence

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Key Notes Sam Bankman-Fried’s lawyers intend to tell the court that he was presumed guilty before he was even charged. The crypto pioneer claims that Judge Lewis Kaplan impeded his judgment. SBF claims that FTX had enough assets to cover the claims of customers. . Sam Bankman-Fried (SBF), the founder of defunct Bahamian-headquartered cryptocurrency exchange FTX, has filed an appeal to his 25-year prison sentence. He has taken this recourse in an attempt to reverse the fraud conviction levied against him, citing that he was “presumed guilty.” It is not yet clear what the turn out of this appeal would be. Judge Kaplan Dragged in SBF’s Sentence Appeal Following the implosion of the crypto derivatives exchange, it looks like everyone has been out to get Sam Bankman-Fried. Notably, this is what his legal team will have the court believe as he appeals his 25-year prison sentence, according to a Bloomberg report. By this statement, they may be referring to some of the witnesses against Bankman-Fried, including Caroline Ellison. According to the report, SBF, as he is commonly known, claims that he was presumed guilty when FTX collapsed back in 2022. His lawyers even said his conviction was delivered in a rush that was fuelled by certain entities, including the press, prosecutors, and the new FTX team. US District Judge Lewis Kaplan, who presided over the case, was not left out of the accusation. Judge Kaplan is being accused of pressuring the jurors and repeatedly putting “a thumb on the scale to help the government and thwart the defense.” Consequently, they are asking for a new trial with a different judge. An earlier filing with the 2nd US Circuit Court of Appeals in New York noted that “Sam Bankman-Fried was never presumed innocent.” Instead, “he was presumed guilty — before he…