PANews reported on November 5th that, according to Reuters, the U.S. Second Circuit Court of Appeals challenged SBF's appeal on Tuesday. His lawyers argued that the previous trial in the FTX fraud case was unfair, leading to SBF's 25-year prison sentence, and that this should be overturned. During the appeal hearing, the three-judge panel questioned a key issue: would evidence excluded in the previous trial have affected the jury's guilty verdict? Circuit Judge Maria Araujo Kahn questioned SBF's lawyers, asking whether not questioning the sufficiency of the evidence equated to admitting it was sufficient for a conviction. The lawyers responded that even with sufficient evidence, procedural errors by the trial judges still affected impartiality. Prosecutor Nathan Rehn pointed out that the existing evidence was sufficient to prove SBF stole client funds. SBF argued that the previous trial failed to allow evidence proving FTX's solvency at the time, leading to a biased verdict. The prosecution emphasized that the chain of evidence, including the testimonies of three witnesses and a large number of internal documents, was complete and sufficient for a conviction. SBF is currently serving his sentence in a low-security prison in Los Angeles and is expected to be released in October 2044.PANews reported on November 5th that, according to Reuters, the U.S. Second Circuit Court of Appeals challenged SBF's appeal on Tuesday. His lawyers argued that the previous trial in the FTX fraud case was unfair, leading to SBF's 25-year prison sentence, and that this should be overturned. During the appeal hearing, the three-judge panel questioned a key issue: would evidence excluded in the previous trial have affected the jury's guilty verdict? Circuit Judge Maria Araujo Kahn questioned SBF's lawyers, asking whether not questioning the sufficiency of the evidence equated to admitting it was sufficient for a conviction. The lawyers responded that even with sufficient evidence, procedural errors by the trial judges still affected impartiality. Prosecutor Nathan Rehn pointed out that the existing evidence was sufficient to prove SBF stole client funds. SBF argued that the previous trial failed to allow evidence proving FTX's solvency at the time, leading to a biased verdict. The prosecution emphasized that the chain of evidence, including the testimonies of three witnesses and a large number of internal documents, was complete and sufficient for a conviction. SBF is currently serving his sentence in a low-security prison in Los Angeles and is expected to be released in October 2044.

The U.S. Court of Appeals was skeptical of SBF's request to overturn the cryptocurrency fraud charges.

2025/11/05 18:08
2 min read
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PANews reported on November 5th that, according to Reuters, the U.S. Second Circuit Court of Appeals challenged SBF's appeal on Tuesday. His lawyers argued that the previous trial in the FTX fraud case was unfair, leading to SBF's 25-year prison sentence, and that this should be overturned. During the appeal hearing, the three-judge panel questioned a key issue: would evidence excluded in the previous trial have affected the jury's guilty verdict? Circuit Judge Maria Araujo Kahn questioned SBF's lawyers, asking whether not questioning the sufficiency of the evidence equated to admitting it was sufficient for a conviction. The lawyers responded that even with sufficient evidence, procedural errors by the trial judges still affected impartiality. Prosecutor Nathan Rehn pointed out that the existing evidence was sufficient to prove SBF stole client funds. SBF argued that the previous trial failed to allow evidence proving FTX's solvency at the time, leading to a biased verdict. The prosecution emphasized that the chain of evidence, including the testimonies of three witnesses and a large number of internal documents, was complete and sufficient for a conviction. SBF is currently serving his sentence in a low-security prison in Los Angeles and is expected to be released in October 2044.

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