The US government has rejected an appeal of Sam Benkman-Fried's conviction


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American officials have denied Sam Benkman-FriedAppeal to set aside the conviction and sentence related to the collapse of the insolvent FTX.

According to a recent court file filingthe government found no merit in his claims and claimed that the jury's verdict and the outcome of the trial were correct.

Bankman-Fried, the founder of the now defunct company FTX Exchange was looking for subversion His conviction In September in the Court of Appeals for the Second District. He argued that judicial bias and procedural errors, particularly by Judge Louis Kaplan, undermined his trial.

Bankman-Fried claimed the judge's rulings limited key defense arguments and limited evidence about her investments. He also suggested that FTX's financial problems were exaggerated and meant that customers could still recover their funds.

Based on these statements, he He requested a retrial and overturning his conviction.

The government rejects the appeal

However, the government rejected these arguments, stating that the Bankman-Fried appeal did not show any error or prejudice in the original court.

They believed that court decisions in fraud cases are legal and standard. They specifically objected to his opposition to the “no ultimate harm” instruction, emphasizing its established role in such cases.

In addition, the government defended the court's evidentiary rulings, including the decision to limit testimony about potential damages and claims for full refunds from customers. They argued that the claims were both irrelevant and legally inappropriate.

The government also supported the denial of Bankman-Fried's motion to compel the third-party debtors to produce certain records, explaining that the court acted properly because those records were not available to him.

It was stated in the file:

In any event, because Bankman-Fried received from the debtors the specific items it sought, and he did not identify any other material evidence that was rejected, Bankman-Fried failed to demonstrate an effect on his right to a fair trial. .

Ultimately, the government concluded that Benkman-Fried had not demonstrated any violation of his right to a fair trial, further cementing their position that the conviction and sentence should stand.

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