In a 102-page filing, SBF’s legal team argued the trial was unfair, calling it a “sentence first, verdict afterward” situation. They claimed the judgment was rushed and biased. SBF’s Legal Team Claims He Was Presumed Guilty From the Outset Led by attorney Alexandra Shapiro, SBF’s lawyers stated that he was…
Illustration by Mitchell Preffer for Decrypt. Is Bitcoin back? For at least a little while, it feels like it may be. This time last week, it was trading for $53,229. It’s now trading above $60,000, according to CoinGecko. That’s a 12% rise over seven days, and a threshold unseen since…
A recent Wall Street Journal article by Nick Timiraos, renowned for his inside knowledge of Federal Reserve decisions, has dramatically altered market expectations regarding the Fed’s upcoming rate cut. Timiraos suggested that the Fed might opt for a more aggressive 50 basis point cut, rather than the anticipated 25 basis…
Ripple Labs is on the brink of a pivotal moment in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Recent developments suggest that the SEC may not appeal Judge Torres’ recent favorable summary judgment for Ripple. Ripple executives, including CEO Brad Garlinghouse and Chief Legal Officer…
In the most notorious fraud ever in crypto history, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has officially appealed his fraud conviction, seeking a new trial on grounds of judicial bias. Convicted in November 2022 on seven counts of fraud and conspiracy related to FTX’s downfall, Bankman-Fried…
The former CEO of collapsed crypto exchange FTX, Sam Bankman Fried is not ready to accept his fate. The court sentenced SBF to 25 years in prison after convicting him of fraud and conspiracy. He filed an appeal arguing that the trial was not fair. His legal team is pushing…
Sam Bankman-Fried (SBF), co-founder of the collapsed crypto exchange FTX, has filed an appeal challenging his fraud conviction on Sept. 13, arguing that the trial was tainted by judicial bias and procedural errors. The appeal, submitted to the Second Circuit Court of Appeals on Sept. 13, alleged unfairness during the…
Imprisoned FTX co-founder and former CEO Sam Bankman-Fried has appealed to overturn his fraud conviction, court documents filed Friday show. The appeal from Bankman-Fried’s lawyers argues that he never got a fair trial and should therefore be tried again under a new judge. “He was presumed guilty—before he was even…
FTX founder Sam Bankman-Fried has formally appealed his fraud conviction, requesting a new trial and accusing the judge overseeing his case of being unfairly biased against him, according to a report from the New York Times. Last November, a New York jury convicted Bankman-Fried of seven counts of fraud and…
This significant number of tokens could pressure Solana’s market valuation, as on-chain data points to declining interest. Solana Selling Pressure Could Spike as FTX Moves Tokens According to blockchain analytics firm LookOnChain, FTX and its sister company, Alameda Research, have already unstaked significant portions of their Solana tokens. In the…