FTX founder Sam Bankman-Fried, sentenced to 25 years in prison last month for orchestrating one of the largest financial frauds in U.S. history, filed an appeal in federal court Thursday.
The 32-year-old former mogul was sentenced in March, four months after a New York jury found him guilty of two counts of fraud and five counts of conspiracy that led to the seismic collapse of his cryptocurrency exchange and affiliated hedge fund.
Sam Bankman-Fried, second from right, stands flanked by his attorneys, Marc Mukasy, left, and Torrey Young, right, while Judge Kaplan announces his sentence in Manhattan federal court, Thursday, March. 28, 2024, in New York. (Elizabeth Williams via AP)
Bankman-Fried stole billions in customer funds to live an extravagant lifestyle that included a sprawling penthouse in the Bahamas, where he
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