2023-8-23 20:59 |
Lawyers tell CoinDesk the tactic could be effective for FTX founder Sam Bankman-Fried’s defense, but it comes with risks.
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FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so.
A federal judge sentenced FTX founder Sam Bankman-Fried to a quarter-century in prison Thursday.
Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows.
Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.
Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.
The world's largest asset manager already made waves by seeking to list a bitcoin ETF
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.