Appeals Court Rejects Sam Bankman-Fried Bid, Leaves FTX Fraud Conviction and 25-Year Sentence
An appeals court has rejected Sam Bankman-Fried’s bid to overturn his fraud conviction stemming from the FTX collapse, according to multiple reports. The court upheld both the guilty verdict and Bankman-Fried’s 25-year prison sentence [1] [2].
Reporting on Friday’s decision says the panel found Bankman-Fried did not establish that his trial was unfair. Other accounts add that the prosecution presented testimony from former deputies used to support the conviction, and that the judges characterized the government’s case as “robust” [3] [4].
With the appeal denied, Bankman-Fried’s conviction and 25-year sentence remain in place [1] [2].
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Citations
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- 1Sam Bankman-Fried appeal denied as court backs 25-year sentence for FTX collapseCrypto Briefing• Jun 12, 2026
- 2FTX's Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy chargesCoinDesk• Jun 12, 2026
- 3SBF Loses Appeal: Court Upholds FTX Fraud Conviction and 25-Year SentenceBlockonomi• Jun 12, 2026
- 4FTX Founder Sam Bankman-Fried’s Appeal in Fraud Case RejectedBitcoin Sistemi• Jun 12, 2026
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