The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
@TheBadPlace@mastodon.ozioso.online
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2d ago
ABC News: Top Stories | Judge denies Sam Bankman-Fried new trial after financial fraud conviction
AI generated summary, Read the full article for complete information.
A federal judge in New York denied Sam Bankman‑Fried’s request for a new trial, ruling that the “newly discovered” witnesses he cited were already known to him before his 2023 fraud conviction and offered no exculpatory evidence. Judge Lewis Kaplan said Bankman‑Fried had neither sought nor compelled their testimony and that there was no proof they would contradict his guilt in the collapse of the crypto‑exchange FTX. The judge called the motion a baseless attempt to rehabilitate his reputation, affirming the 25‑year prison sentence and $11 billion forfeiture imposed after the founder was found guilty on seven counts of fraud, conspiracy and money‑laundering.
Read more: https://abcnews.com/US/judge-denies-new-trial-sam-bankman-fried-after/story?id=132471994
#SamBankman_Fried #LewisKaplan #FTX #NewYork
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