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Sam Bankman-Fried needs a re-trial for fraud charges

Inclined cryptocurrency poster boy Sam Bankman-Fried is looking to catch one other likelihood in court docket. He has filed a quiz that for a original trial on claims that original survey testimony may possibly possibly additionally alter the case made against him by prosecutors, based mostly on Bloomberg. His odds for getting the re-trial, where he'd be representing himself, appear glorious slim. Here's a separate plod from a formal charm of his old conviction.

Bankman-Fried is one among many cryptocurrency leaders who contain since been prosecuted for fraud. After being jailed for survey tampering, he used to be came upon guilty of seven charges of fraud and conspiracy in 2023. Bankman-Fried used to be sentenced to 25 years in penal advanced for his actions as CEO and co-founding father of crypto replace FTX.

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This text before every thing looked on Engadget at https://www.engadget.com/large-tech/sam-bankman-fried-needs-a-re-trial-for-fraud-charges-185910093.html?src=rss

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