FTX founder Bankman-Fried loses appeal in US crypto fraud case
By Samuel Rubenfeld ( June 12, 2026, 15:16 GMT | Insight) -- A US appeals court rejected FTX founder Samuel Bankman-Fried’s appeal against his fraud conviction and 25-year prison sentence for stealing billions of customer deposits and investor funds provided to his collapsed cryptocurrency exchange. Bankman-Fried has also petitioned President Donald Trump for a pardon.A US appeals court rejected FTX founder Samuel Bankman-Fried’s appeal against his fraud conviction and 25-year prison sentence for stealing billions of customer deposits and investor funds provided to his collapsed cryptocurrency exchange....
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