France, April 12 -- Former billionaire crypto trader Sam Bankman-Fried has filed an appeal against his fraud conviction and 25-year jail sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded in one of the biggest financial frauds in the history of the United States, which impacted victims all over the world, including France.

Lawyers filed the appeal Thursday, two weeks after US District Court Judge Lewis Kaplan set the prison term for Bankman-Fried and ordered him to pay $11 billion in forfeiture.

A federal jury in New York found him guilty of seven counts of fraud and conspiracy in November 2023.

But Bankman-Fried's lawyers argue that Kaplan made significant errors that made the tr...