Lawyer argues $11 billion fine would leave Sam Bankman-Fried in lifelong poverty

Sam Bankman-Fried's lawyer, Jeffrey Fisher, is challenging the $11 billion fine imposed on the former FTX founder, arguing it violates the Eighth Amendment's ban on excessive fines. Fisher contends that the judgment, which exceeds SBF's current assets, would ensure lifelong poverty and prevent any possibility of future earnings. The appeal draws parallels to a Supreme Court case regarding excessive financial penalties, emphasizing the principle that fines should not strip an individual of the ability to earn a living.