Sam Bankman-Fried, founder and former CEO of the bankrupt cryptocurrency exchange FTX, filed a petition on the 10th with the U.S. Supreme Court to overturn his fraud conviction, as reported by The New York Times and others. Currently serving a 25-year prison sentence, this is seen as his last remaining legal recourse.
Mr. Bankman-Fried, who was convicted in 2024 on seven counts related to fraud, conspiracy, and money laundering, is seeking to challenge the conviction...