Sam Bankman-Fried Asks Supreme Court to Overturn Conviction and $11B Forfeiture

NewsMon, 14 Sep 2026 11:01:09 UTC6 hours ago
Sam Bankman-Fried Asks Supreme Court to Overturn Conviction and $11B Forfeiture

Sam Bankman-Fried asked the U.S. Supreme Court on September 10, 2026, to review his fraud conviction, grant him a new trial and overturn an approximately $11 billion forfeiture order, according to reports citing his filed petition. The request challenges the Second Circuit’s decision to uphold his conviction, 25-year prison sentence and financial penalty.

Petition seeks new trial and forfeiture reversal

The Supreme Court filing is Bankman-Fried’s latest attempt to undo the outcome of the criminal case arising from the collapse of FTX. His petition seeks review of both the conviction and the approximately $11 billion forfeiture, The Block reported.

The immediate effect of the filing is to put the case before the Supreme Court for consideration. The petition itself does not reverse the judgment that is currently in force.

FTX asset evidence and excessive-fines challenge

The petition’s evidentiary argument concerns FTX and Alameda’s ability to repay customers: Bankman-Fried says the trial court improperly prevented him from presenting that evidence, according to FinanceFeeds.

… Continue reading the full article at the original source below.

Read from Source · cryptodaily.co.uk ↗
This content is automatically aggregated. Full credit goes to the original publisher (cryptodaily.co.uk).

Related