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2nd Circ. Backs Bankman-Fried's 25-Year Fraud Conviction

A head-on view of a white man with curly dark hair wearing a dark suit and striped tie

By Aislinn Keely

The Second Circuit on Friday upheld Sam Bankman-Fried's conviction and an $11 billion forfeiture order in an opinion that found the ex-CEO's claims that he could have made FTX customers whole didn't matter in the face of the government's "robust" evidence of his role in the fraud that felled the cryptocurrency exchange.


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