In a newly filed appeal, Sam Bankman-Fried’s defense team contends that the jury that convicted him on charges of defrauding customers of his FTX cryptocurrency exchange was presented with an incomplete view of the case. The defense argues that crucial evidence was excluded by U.S. District Judge Lewis Kaplan, which they believe could have significantly impacted the jury’s verdict.
The 102-page brief, submitted to the 2nd U.S. Circuit Court of Appeals on Friday, asserts that Judge Kaplan’s ruling prevented Bankman-Fried from introducing evidence that he argues would have demonstrated FTX’s financial capacity to cover customer withdrawals. This exclusion, the defense claims, deprived the jury of essential information and undermined the fairness of the trial.
Bankman-Fried, a 32-year-old former billionaire, was convicted of embezzling billions of dollars from FTX customers. His legal team’s appeal seeks to overturn the conviction by highlighting the alleged trial errors and the potential impact of the excluded evidence on the jury’s understanding of the case.
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