Sam Bankman-Fried asks U.S. Supreme Court to review fraud conviction, 25-year sentence and $11B forfeiture

Sam Bankman-Fried has petitioned the U.S. Supreme Court to review his fraud conviction, 25-year prison sentence, and $11 billion asset forfeiture order ^[1].

Reports say Bankman-Fried’s lawyers argued that evidence about customer losses was improperly excluded and that his $11 billion forfeiture was excessive ^[2].

Other reporting states Bankman-Fried’s appeal seeks a retrial and challenges the trial judge’s decision barring him from showing that FTX had sufficient resources to reimburse customer deposits ^[3].

One report adds that his petition contends jurors could not review evidence that FTX possessed assets sufficient to repay customers and investors in full eventually, and it notes the appeal challenged the forfeiture order ^[4].