The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison.
Following his conviction on federal fraud charges on Nov. 2, former FTX CEO Sam “SBF” Bankman-Fried will not pursue any post-trial motions.
In a Dec. 1 letter to Judge Lewis Kaplan in United States District Court for the Southern District of New York, lawyers representing Bankman-Fried said they had “decided not to
file any post-trial motions” but reserved their rights to pursue claims on appeal.
The filing was the latest following SBF’s conviction on Nov. 2 as he awaits sentencing on March 28.
It’s unclear whether prosecutors plan to move forward with Bankman-Fried’s second trial in March.
The former FTX CEO’s indictment was split in order for him to face 7 counts in
October and 5 charges in March, but following a guilty verdict in November, SBF could already be looking at decades behind bars.إقرأ أيضا:New Kind of Network (NKN) gains 340% to become ‘the biggest blockchain in the world’