Sam Bankman-Fried loses bid to overturn crypto fraud conviction (opens original article in a new tab)

Sam Bankman-Fried's attempt to overturn his crypto fraud conviction was denied by a US appeals court, maintaining his 25-year sentence.

• Sam Bankman-Fried lost his appeal against a fraud conviction and 25-year sentence for FTX's collapse.
• Prosecutors claimed he stole $8 billion from FTX customers, while Bankman-Fried admitted to mistakes but denied theft.
• The court rejected his argument that evidence was improperly excluded, citing overwhelming trial evidence of his guilt.