The Latest Breaking News from FTX

Fallen cryptocurrency wunderkind Sam Bankman-Fried has appealed his federal conviction and 25-year jail sentence in a sweeping fraud case, according to a legal filing made public Thursday.

Ex-CEO and former crypto mogul, 32, was found guilty of seven counts of fraud and conspiracy to launder money in November

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Learn about the downfall of Sam Bankman-Fried, co-founder of FTX, due to financial misconduct, resulting in a 25-year prison sentence.

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse," even in his final pre-sentencing remarks in which the former billionaire rued "a series of bad decisions" but did not acknowledge knowingly violating financial laws.

He was convicted of charges including wire fraud, conspiracy to commit money laundering, and using customer funds for personal expenses such as real estate and political donations.

The disgraced mogul will likely be behind bars for decades.

The former FTX CEO received a lighter sentence than the 40 to 50 years sought by prosecutors.

"He knew it was wrong. He knew it was criminal," Judge Lewis Kaplan said of the convicted crypto fraudster