🚀 **Exciting Update from SBF’s Legal Team! 🎉**
🔥 **Breaking News:** The legal team representing the FTX founder, Sam Bankman-Fried, has opted not to file any post-trial motions after his recent conviction for fraud. Instead, they are shifting their focus towards preparing for an appeal, as stated in a letter submitted on December 1st.
💬 In a recent communication to Judge Lewis A. Kaplan, Bankman-Fried’s attorneys expressed, “After careful consideration, we have decided not to file any post-trial motions. We are keeping our options open for pursuing claims on appeal.”
🔍 Post-trial motions hold the power to potentially alter the outcome of a trial, and the recent decision indicates a strategic move by Bankman-Fried’s defense team to direct their attention towards the upcoming appeal process.
📍 Mark Cohen, the defense attorney, reiterated that “Mr. Bankman-Fried vehemently maintains his innocence and remains committed to vigorously challenging the charges against him,” following his conviction.
Stay tuned for more updates as the legal proceedings continue! 📌 #CryptoNews #LegalUpdate #SBF #AppealProcess 🚀