SBF Appeal Mandate Issued: Only One Strand of Hope Left
The Second Circuit issued its official judgment mandate on August 4, 2026, formally closing Sam Bankman-Fried's appeal. The short document affirms the June 12 ruling that upheld his FTX fraud convictions and 25-year prison sentence.
This procedural step matters to crypto markets and investors because it removes the last circuit-court uncertainty surrounding one of the industry's largest fraud cases and locks in the criminal outcome for the former FTX CEO.
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