Sam Bankman-Fried Demands Retrial Under a New Judge
FTX founder Sam Bankman-Fric (SBF) has overturned his fraud and conviction by responding to the US government’s rejection of his appeal.
His legal team believes that the trial is defective due to the suppressed evidence, and he should have a chance under the leadership of another judge.
Sam Bankman Fried believes that FTX customers have found nothing
In the court filing on January 31 Bandman fried Persisted that his trial was unfair, claiming that judicial prejudice would affect the results.
Lawyer SBF was interrupted in the document, and FTX customers were not financially losing financial losses. They emphasized that creditors will restore their initial losses, which indicates that FTX’s investment in companies such as humans SoranaAnd mysten labs.
His attraction It emphasizes how to help early investment in anthropomorphic FTX creditors recover fundsEssence Bankman exploded about $ 500 million and purchased a large number of AI shares at a price of about 500 million US dollars.
Since then, the value of the company has increased to $ 60 billion Increase his investment valueEssence His defense shows that this is a proof of his reasonable financial decision -making, and asserts that these investment can finally restore the FTX’s solvency.
“Consider humans. Bankman Fried has invested in humans in the early days and purchased a lot of share at a price of about 500 million US dollars. The company is now worth $ 60 billion and obtained a return. statementEssence
Another key aspect of his appeal was that the court suppressed key evidence. He believes that he has shaped the FTX policy based on the legal adviser.
However, the court prevented him from submitting evidence and proved that the lawyer had approved his ruling.
His legal team also blamed FTX’s legal representative Sullivan & Cromwell (S & C), Conflicts. They claimed that after the exchanges fell, S & C deeply participated in the FTX business before collapse, but only attributed the assets to crimes.
The appellant further claims that the law firm contacted the prosecutor without the case Notify the bank fryingEffectively laid the foundation for his prosecution.
“S & C did not withdraw itself, but suddenly claimed that this chaos was a crime after a deposit in November 2022. Then, S & C affirmed contact with the prosecutor without notifying Bankman Fried. At that time, the client invited to prosecute.” The lawyer said.
In addition, SBF’s legal team raised an objection to the court’s ruling and ordered him to repay more than $ 11 billion, saying that the ruling was “illegal” and “irrefutable”. They argued that he had surrendered all assets and could not withstand economic fines.
His lawyer wrote: “The opportunity of Bankman Fried is zero. They have turned all the assets and may pay $ 11,020,000,000, or any close -range income.”
Sam Bankman’s latest appeal is guessing that his parents are exploring guesses Methods to ensure pardon for pardonEssence at the same time, FTX creditors continue to wait for repayment As the bankruptcy process continues.
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