- The US court reportedly dismissed the appeal of the FTX founder.
- The court stated that the jury's verdict was justified, indicating that investors can trust the court's decision.
- The confirmation of Sam Bankman-Fried's fraud conviction is expected to have a significant impact on the cryptocurrency market.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
According to CryptoSlate, a cryptocurrency-focused media outlet, a US court has dismissed the appeal of Sam Bankman-Fried (SBF), the founder of the cryptocurrency exchange FTX, on the 19th (local time).
The court found the jury's verdict to be justified and determined that Sam Bankman-Fried's claims were not valid.
Previously, Sam Bankman-Fried had filed an appeal regarding his fraud conviction, claiming that the judge overseeing his case applied unfair bias against him.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.PiCK News
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