FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so.
Bankman-Fried was convicted last November after a month-long trial on seven different charges, including fraud against FTX customers and Alameda Research investors. His companies filed for bankruptcy the year prior.
Earlier this month, Bankman-Fried was sentenced to 25 years in federal prison for his role in the collapse of the exchange, along with 3 years of supervised release and $11 billion in forfeiture.
This is a developing story.
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