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Crypto· Crypto Regulation

SBF asks Supreme Court to overturn conviction, $11B forfeiture: Report

Former FTX CEO Sam Bankman-Fried asked the U.S. Supreme Court to overturn his 2023 fraud conviction and to rescind an $11 billion forfeiture, according to a court filing reported by CNN. His attorneys contend key evidence was wrongly excluded at trial and that the size of the forfeiture violates the Constitution’s prohibition on excessive fines.

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