Sam Bankman-Fried's (SBF) lawyers are set to argue before a U.S. appeals court that the FTX founder was denied a fair trial.

Sam Bankman-Fried seeks a new trial after his 2023 fraud conviction, citing limited evidence and challenging court rulings.

NEW YORK - Lawyers for Sam Bankman-Fried, the FTX cryptocurrency exchange founder serving a 25-year prison sentence for fraud, will urge a federal appeals court on Tuesday to throw out his conviction. Read more at straitstimes.com. Read more at straitstimes.com.

Federal appeals court judges in Manhattan reacted skeptically Tuesday when a lawyer for once high-flying cryptocurrency entrepreneur Sam Bankman-Fried argued that his fraud conviction was unfair and should be overturned. The attorney, Alexandra Shapiro, told a three-judge panel of the 2nd U.S. Circuit Court of Appeals that the judge at his 2023 trial left the defense “cut off by the knees” by limiting what evidence it could present, particularly about advice he had received from lawyers. Bankman-Fried, 33, is serving a 25-year-prison term after a jury found that he defrauded customers and investors of billions of dollars while he operated FTX, once the world’s second-largest crypto exchange.

Sam Bankman-Fried seeks a new trial in Manhattan court today. His lawyers claim bias during the 2022 fraud conviction proceedings.