Sam Bankman-Fried, Former Crypto Billionaire, Appeals His Conviction To the US Supreme Court

America's highest court heard Sam Bankman-Fried's request for a new trial on Thursday, CNN reports. But they add that "the former crypto mogul who was convicted of defrauding investors by secretly diverting billions of dollars of their money" also asked America's high court "to throw out a court order requiring him to pay $11 billion as part of his sentence." Bankman-Fried was sentenced to 25 years in prison in 2024 after prosecutors said he directed billions of dollars from the crypto exchan

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.