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Sam Bankman-Fried, the founding father of bankrupt crypto alternate FTX, was convicted due to a “false narrative” advised by federal prosecutors at a trial “tainted” by errors, his attorneys argued in a brand new court docket submitting Friday to a federal appeals court docket.
“Honest trial rules have been swept away in a ‘Sentence first-verdict afterwards’ tsunami, as everybody rushed to judgment following FTX’s collapse,” protection attorneys wrote within the attraction. “Sam Bankman-Fried was by no means presumed harmless. He was presumed responsible—earlier than he was even charged.”
Bankman-Fried was discovered responsible of fraud, conspiracy and cash laundering final November after federal prosecutors in New York accused him of orchestrating a scheme that collapsed the crypto-exchange he based, FTX, and stole $8 billion in buyer funds.
He’s serving a 25-year jail sentence, which his attorneys known as “draconian.”
In Friday’s attraction, protection lawyer Alexandra Shapiro attacked the trial decide, Lewis Kaplan, and the U.S. Lawyer’s Workplace for the Southern District of New York, accusing them of missing objectivity or even-handedness.
“He was presumed responsible by the media. He was presumed responsible by the FTX debtor property and its attorneys. He was presumed responsible by federal prosecutors anticipating fast headlines. And he was presumed responsible by the decide who presided over his trial,” the attraction mentioned.
FTX founder Sam Bankman-Fried leaves Manhattan federal court docket, June 15, 2023, in New York.
Bebeto Matthews/AP, FILE
The U.S. Lawyer’s Workplace declined to remark, however will submit a written reply temporary.
The protection requested for a reversal of Bankman-Fried’s conviction and a brand new trial earlier than a unique decide.
Former Alameda Analysis CEO Caroline Ellison, Bankman-Fried’s ex-girlfriend and a blockbuster witness for the prosecution, is about to be sentenced for her function within the fraud later this month.
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