US prosecutors suspect that the appeal application letter from SBF was not sent by himself
BlockBeats news, on March 23, according to CoinDesk, US federal prosecutors informed the judge that a letter allegedly sent by Sam Bankman-Fried from prison was actually sent via FedEx from a different location, suggesting that someone outside may have impersonated him to send the letter.
This submission adds new complexity to Bankman-Fried's post-conviction appeal. The FTX founder was previously sentenced to 25 years in prison for fraud and conspiracy, is serving his time at a federal correctional facility in San Pedro, California, and is seeking a retrial. Prosecutors pointed out that the suspicious letter was entered into the case on March 16, but the sending location was listed as Palo Alto or Menlo Park, mistakenly marked the federal prison as a state facility, and used a printed "/s/" instead of a real signature.
Prosecutors also emphasized that the US Bureau of Prisons forbids inmates from sending mail via private couriers like FedEx. Based on these irregularities, prosecutors said there is "reason to doubt" that the letter was sent by Bankman-Fried himself. Although the US government did not directly accuse him or any associated parties of forging documents, this move indicates that the prosecution is questioning the authenticity of materials submitted during his retrial application process. Meanwhile, Bankman-Fried maintains he did not receive a fair trial, and claims that as the FTX bankruptcy proceedings advance and customer funds are gradually recovered, new evidence favorable to him has emerged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Illia Polosukhin: NEAR accounts can achieve quantum resistance through key updates
Chart - U.S. stock funds see weekly net outflows for the first time in three weeks
Reuters, October 9 – After two consecutive weeks of net inflows, U.S. equity funds saw net outflows for the week ending October 7, as investors took profits during a market rally while concerns persisted over rising Treasury yields and sustained high oil prices. LSEG Lipper data shows investors withdrew a net $5.11 billion from U.S. equity funds during the week, marking the first weekly net outflow since September 16. The S&P 500 index (.SPX) hit a record high of 7,844.52 points earlier in the week before retreating. Mounting inflation concerns fueled a sharp selloff in the bond market, driving the yield on the 10-year Treasury to 5.3645%, its highest level since April 2002, dampening market sentiment. Large-cap, mid-cap, and small-cap U.S. equity funds recorded net redemptions of $14.08 billion, $1.03 billion, and $834 million, respectively. However, investors made net purchases of $5.68 billion in sector funds, led by technology, which attracted $4.53 billion. The utilities and industrials sectors absorbed $1.18 billion and $1.04 billion, respectively. U.S. bond funds posted net inflows of $19.78 billion for the week, a historic high. Investors poured $6.76 billion into short- to intermediate-term government and Treasury funds, the highest in six months. Short- to intermediate-term investment-grade funds and general domestic taxable fixed income funds saw net inflows of $5.04 billion and $2.52 billion, respectively. Meanwhile, money market funds attracted $68.49 billion, reversing the previous week’s $43.6 billion in outflows. (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. Due to possible inaccuracies or lack of context in automated translations, Reuters does not guarantee the accuracy of such texts and provides them solely for the convenience of readers. Reuters accepts no liability for any damage or loss caused by the use of automated translation services.)
BUZZ - Delta Air Lines shares fall after lowering full-year profit guidance
October 9 - Delta Air Lines (DAL.N) shares fell nearly 5% in pre-market trading to $78.12. Due to a surge in jet fuel prices, Delta Air Lines (DAL) on Friday lowered its full-year adjusted profit forecast. The U.S. airline now expects adjusted earnings per share in 2026 to be between $5.10 and $5.60, down from the previous guidance of $6.5 to $7.5 per share. The current midpoint of $5.35 per share is lower than analysts’ expectations of $5.46 per share. DAL expects its annual fuel costs to rise by about $6.0 billion, compared to an earlier projection of a $4.0 billion increase. Analysts tracking DAL have given it an average “Buy” rating, according to data compiled by LSEG. So far this year, Delta Air Lines stock has risen 18.4%, the highest increase among major U.S. competitors. (For the convenience of non-English speakers, Reuters automatically translates its reports into several other languages. Since automated translations may contain errors or lack the necessary context, Reuters does not guarantee the accuracy of automated translation texts, which are provided solely for readers’ convenience. Reuters assumes no responsibility for any damage or loss resulting from the use of automated translation services.)
Crypto prices
More
