Bankman-Fried takes FTX conviction to Supreme Court
- Sam Bankman-Fried has asked the US Supreme Court to overturn his FTX fraud conviction.
- His lawyers have challenged the trial court’s handling of evidence and an US$11 billion forfeiture order.
- Bankman-Fried is serving a 25-year prison sentence after his 2023 conviction.
Sam Bankman-Fried has asked the US Supreme Court to overturn his conviction over the collapse of FTX.
His lawyers have argued that the trial court wrongly blocked evidence showing FTX customers could have been fully repaid.
The petition described Supreme Court review as “urgently necessary” while challenging how the trial handled evidence of customer losses.
Bankman-Fried’s lawyers have also challenged the US$11 billion forfeiture order, arguing it amounts to an excessive fine under the Eighth Amendment.
The Second Circuit upheld his conviction and 25-year prison sentence in June after rejecting his arguments over the excluded evidence.
A federal jury convicted Bankman-Fried in 2023 on seven fraud and conspiracy counts linked to his operation of FTX and Alameda Research.
The Supreme Court has not yet agreed to hear the case, leaving Bankman-Fried’s conviction and sentence in place unless the justices intervene.
