Sam Bankman Fried to be appealed hearing in New York in November

Sam Bankman-Fried’s appeal hearing is scheduled for November 4 in the U.S. Court of Appeals. His team of lawyers argued that he was denied the presumption of innocence and that the prosecution mistakenly lost funds to FTX users forever. If he wins, he may face a retrial or a retrial. Meanwhile, former executives Caroline Ellison, Gary Wang, Nishad Singh and Ryan Salame have been sentenced, and Michelle Bond’s case is still under trial.