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Former FTX CEO Sam Bankman-Fried has filed an appeal (https://www.theblock.co/post/316497/former-ftx-ceo-sam-bankman-fried-files-appeal-and-calls-for-a-new-trial?utm_source=rss&utm_medium=rss) for a new trial, with his attorney accusing Judge Lewis Kaplan of displaying bias during the proceedings and blocking critical evidence from being presented. Bankman-Fried was previously convicted of defrauding FTX customers and investors, receiving a 25-year prison sentence. The appeal argues that the insolvency problems at FTX and Alameda were misrepresented and were, in fact, a liquidity crisis rather than outright insolvency.
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