FTX Founder

????Lawyers for FTX founder Sam Bankman-Fried filed a notice of appeal of his federal fraud and conspiracy conviction and his 25-year prison sentence.

????Bankman-Fried’s appeal came two weeks after he was sentenced in U.S. District Court in Manhattan and ordered to pay $11 billion in forfeiture for the massive fraud at the cryptocurrency exchange and a related hedge fund, Alameda Research.

????The appeal, which was expected, will be heard by the 2nd Circuit U.S. Court of Appeals, which sits in Manhattan.

????If he loses his appeal, Bankman-Fried would have to petition the U.S. Supreme Court to take the case, and who knows where that will lead it. Making deals and getting a huge whistle to blow.