By Jack Queen

NEW YORK (Reuters) -Lawyers for Sam Bankman-Fried, the FTX cryptocurrency exchange founder serving a 25-year prison sentence for fraud, will urge a federal appeals court on Tuesday to throw out his conviction.

A Manhattan federal jury found Bankman-Fried guilty of seven criminal charges in 2023 for stealing $8 billion from FTX customers in what prosecutors called a “fraud of epic proportions.” At his trial, Bankman-Fried admitted to making mistakes running FTX but testified that he never stole funds.

Bankman-Fried’s lawyers are expected to argue before judges of the 2nd U.S. Circuit Court of Appeals that the 33-year-old did not get a fair trial because the judge in the case did not allow evidence backing up Bankman-Fried’s belief that FTX had enough funds to cover customer

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