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

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AI Fusion Summary

Sam Bankman-Fried has petitioned the Supreme Court to overturn his FTX fraud conviction and a $11 billion forfeiture. His legal team argues that the forfeiture is a crushing fine and excessive. Furthermore, the lawyers challenge the exclusion of evidence during the trial, claiming that SBF was unfairly barred from presenting arguments that customers suffered no actual losses. The request seeks a full reversal of the conviction and the associated financial penalties imposed by the court.
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