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

Sam Bankman-Fried has lost his appeal to overturn his fraud conviction and 25-year prison sentence over the collapse of FTX. The court described the evidence as 'robust' and noted he used customer funds as a 'personal piggy bank'. He may seek further appeals or a pardon from President Trump, who previously pardoned Binance founder Changpeng Zhao.