Summary
- The US court reportedly dismissed the appeal of the FTX founder.
- The court stated that the jury's verdict was justified, indicating that investors can trust the court's decision.
- The confirmation of Sam Bankman-Fried's fraud conviction is expected to have a significant impact on the cryptocurrency market.
According to CryptoSlate, a cryptocurrency-focused media outlet, a US court has dismissed the appeal of Sam Bankman-Fried (SBF), the founder of the cryptocurrency exchange FTX, on the 19th (local time).
The court found the jury's verdict to be justified and determined that Sam Bankman-Fried's claims were not valid.
Previously, Sam Bankman-Fried had filed an appeal regarding his fraud conviction, claiming that the judge overseeing his case applied unfair bias against him.
