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

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

• Sam Bankman-Fried lost his appeal against a 25-year fraud conviction for FTX's collapse.
• The 2nd US Circuit Court of Appeals upheld the conviction due to strong government evidence.
• Bankman-Fried admitted to FTX management mistakes but denied stealing funds.