Sam Bankman-Fried Takes His $11 Billion Fight to the Supreme Court

Crypto Insight Summary: Sam Bankman-Fried has petitioned the U.S. Supreme Court to throw out his fraud conviction and the $11 billion forfeiture order attached to it. Two Asks, Not One The latest filing does two separate things, namely: First, the conviction: Bankman-Fried’s lawyers argue the trial court improperly barred him from presenting evidence that FTX and Alameda Research, […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Legal proceedings are unlikely to impact crypto markets directly.