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Sam Bankman-Fried appeals conviction
Sam Bankman-Fried, the former crypto executive convicted of defrauding investors and sentenced to 25 years, has appealed to the Supreme Court to overturn a court-ordered $11 billion forfeiture. His appeal questions the evidence related to investor losses and argues that the forfeiture violates the Eighth Amendment's protection against excessive fines. The case raises broader legal issues about evidence rules in fraud cases and is scheduled for review later this year.
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