The U.S. Department of Justice appeals November 4 to hear the fate of FTX's legal legacy
Source: CoinWorld
Time: 2025-09-12 05:58:41
The U.S. Department of Justice will hear debate on November 4 on Sam Bankman-Fried's appeal for his conviction for fraud, conspiracy and misappropriation of client assets in the FTX closure. The defense claimed there were legal errors and jury instructions, while the prosecutor pointed out the losses of more than $8 billion and emphasized the need for regulatory enforcement. The judgment could set a precedent for cryptocurrency-related litigation and affect the judgment of FTX victims.