The U.S. Second Circuit Court of Appeals on the 4th issued a formal mandate supporting the district court's judgment against Sam Bankman-Fried, former CEO of the cryptocurrency exchange FTX. A mandate is a procedural document that sends a case back to the district court and fully enforces the appellate court's decision. This confirms and maintains the 25-year prison sentence handed down to Mr. Bankman-Fried. As of June, the judges of the appeals court had ruled on charges of fraud, conspiracy, ...
