Skip to content
November 4, 2025cryptonews logocryptonews

Sam Bankman-Fried Appeals 25-Year Sentence, Claims He Was Presumed Guilty

Sam Bankman-Fried , the convicted co-founder of collapsed crypto exchange FTX, has filed an appeal challenging his 25-year prison ￰1￱ legal team argues he was “presumed guilty” from the outset and denied a fair trial due to judicial bias and public ￰2￱ to a Bloomberg report on Tuesday, Bankman-Fried’s attorneys submitted a filing to the ￰3￱ of Appeals for the Second Circuit in New York, alleging their client’s conviction stemmed from a “rush to judgment” by prosecutors, the media, and ￰4￱ Judge Lewis Kaplan. “Sam Bankman-Fried was never presumed ￰5￱ was presumed guilty—before he was even charged, ” the defense ￰6￱ filing accuses Judge Kaplan of displaying bias during proceedings, claiming he “ repeatedly ridiculed ” the defense team and showed disbelief in Bankman-Fried’s testimony before the ￰7￱ Bankman-Fried Conviction and Appeal Strategy Bankman-Fried was convicted in 2023 on seven counts of fraud and conspiracy related to the collapse of FTX and its trading affiliate, Alameda ￰8￱ alleged he misappropriated over $8 billion in customer funds to cover losses, make political donations, and finance luxury real estate ￰9￱ claiming he never intended to defraud anyone, jurors returned a guilty verdict after less than five hours of ￰10￱ the appeal is Alexandra Shapiro, a seasoned appellate attorney known for overturning high-profile white-collar ￰11￱ Criminal defense attorney/) October 31, 2025 The defense asserts Kaplan pressured jurors into a quick decision by offering to extend deliberations late into the evening with dinner ￰12￱ claim the judge’s remarks, including calling part of Bankman-Fried’s testimony “ a joke “, compromised trial ￰13￱ appeal seeks to overturn his 25-year sentence and challenge the $11 billion restitution ￰14￱ attorneys are requesting a new trial under a different ￰15￱ Speculation Reports earlier this year indicated SBF’s parents explored possible avenues for a presidential pardon from President Donald ￰16￱ March, Bankman-Fried appeared on Tucker Carlson’s podcast, criticizing former SEC Chair Gary ￰17￱ month, a post on his official X account alleged that “Biden’s anti-crypto SEC/DOJ went after him and arrested him in 2022 to prevent his testimony on Capitol ￰18￱ Bankman-Fried @SBF_FTX says his 2022 arrest wasn’t justice but politics, claiming the Biden administration turned on him after he backed GOP candidates. #SBF #GOP ￰0￱ — ￰19￱ (@cryptonews) October 15, 2025 “They had me arrested weeks before the crypto bill I was working on was set for a vote—and the night before I was set to testify before Congress,”

cryptonews logo
cryptonews

Latest news and analysis from cryptonews

Electronic Arts stated that it will retain full control of its project if its upcoming acquisition deal is completed

Electronic Arts stated that it will retain full control of its project if its upcoming acquisition deal is completed

Electronic Arts (EA) announced on Tuesday that it will retain full control of its projects if the acquisition of the company proceeds. A collaboration between the Saudi Arabian Public Investment Fund ...

Cryptopolitan logoCryptopolitan
1 min
Rivian and Lucid are reporting Q3 earnings this week under pressure from higher costs and the loss of federal EV tax credits

Rivian and Lucid are reporting Q3 earnings this week under pressure from higher costs and the loss of federal EV tax credits

Rivian and Lucid entered this week’s third-quarter earnings with investors watching every dollar, every unit, and every forecast cut. Rivian reports after the bell today, and Lucid follows on Wednesda...

Cryptopolitan logoCryptopolitan
1 min
U.S. Sanctions North Korean Bankers and Firms Tied to Crypto Laundering

U.S. Sanctions North Korean Bankers and Firms Tied to Crypto Laundering

The U.S. Treasury’s Office of Foreign Assets Control announced sanctions on eight people and two entities in North Korea connected to laundering the proceeds from cyber activity and information techno...

cryptonews logocryptonews
1 min