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Does SBF’s Appeal Stand a Chance of Succeeding?

September 19, 2024Updated:September 19, 2024No Comments2 Mins Read
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Does SBF’s Appeal Stand a Chance of Succeeding?
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Does SBF’s Appeal Stand a Chance of Succeeding?

In that point, the crypto trade has moved on: markets are up, VC {dollars} are again, and politicians are as soon as once more supporting the trade. In the meantime, the mainstream media has virtually forgotten concerning the fallen crypto king, SBF himself.

So may a decide and jury see SBF’s case otherwise ought to it hear proof from the FTX founder once more?

That definitely appears to be the hope of SBF’s new authorized staff, which took over his case after his trial attorneys, Mark Cohen and Christian Everdell, stepped down following his conviction. On Friday, Sept. 13, his new lead lawyer, Alexandra Shapiro, filed an enchantment to the Second Circuit Court docket of Appeals, laying out why SBF believes he deserves one other listening to.

“In the US, folks accused of crimes are presumed harmless except and till confirmed responsible past an affordable doubt,” Shapiro’s enchantment begins. “They’re entitled to a good trial by a jury. When the federal government introduces proof, defendants have the best to rebut that proof and current their aspect of the story. That, at the very least, is the way it’s presupposed to work. However none of that occurred right here.”

The 102-page doc argues that SBF was unfairly handled at trial, which befell as public scrutiny of the FTX case reached a fever pitch. Shapiro argues SBF was “presumed responsible by federal prosecutors looking forward to fast headlines,” “presumed responsible by the decide who presided over his trial,” and that the “prevailing narrative” of FTX’s collapse, and SBF’s half in it, was accepted as true, with out correct inquiry.

“From day one, the prevailing narrative—initially spun by the attorneys who took over FTX, rapidly adopted by their contacts on the U.S. Lawyer’s Workplace—was that Bankman-Fried had stolen billions of {dollars} of buyer funds, pushed FTX to insolvency, and brought on billions in losses,” the enchantment continues.



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