Sam Bankman-Fried loses appeal to overturn fraud convictions and prison

Sam Bankman-Fried loses bid to overturn crypto fraud conviction - The Economic Times

Sam Bankman-Fried's appeal of his $8 billion FTX fraud conviction was rejected; sentence of 25 years upheld. The ruling signals tighter regulatory enforcement in crypto custody and heightens governance risk for enterprises evaluating blockchain adoption and digital-asset treasury.