Sam Bankman-Fried Asks Supreme Court To Review Fraud Conviction
Sam Bankman-Fried asked the U.S. Supreme Court on Thursday, September 10, 2026, to review his fraud conviction and to challenge an about $11 billion forfeiture.[1]
His petition argues he should have been allowed to show that FTX customers were ultimately repaid with interest.[1] It also asks the court to overturn an approximately $11 billion forfeiture as an excessive fine.[1] The Justice Department's Office of the Pardon Attorney lists a separate pardon application from Bankman-Fried as pending.[1]
A jury convicted Bankman-Fried in 2023 on counts of fraud, conspiracy and money laundering tied to FTX, and he is serving a 25-year federal prison sentence.[1] Federal prosecutors have said customers were defrauded by the misappropriation of their funds regardless of later bankruptcy recoveries.[1]
It is unclear whether the Supreme Court will agree to hear the case. If the court takes the petition, justices could decide the narrow evidentiary question and the scope of the forfeiture.
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📌 Key Facts
- On Thursday, September 10, 2026, Sam Bankman-Fried petitioned the U.S. Supreme Court to review his federal fraud conviction.
- He was convicted in 2023 of fraud, conspiracy and money laundering tied to FTX and is serving a 25-year prison sentence.
- His petition argues he should have been allowed to show that FTX customers were ultimately repaid with interest and challenges an approximately $11 billion forfeiture as an excessive fine.
- Federal prosecutors have argued customers were defrauded by the misappropriation of their funds regardless of eventual bankruptcy recoveries.
- The Justice Department’s Office of the Pardon Attorney lists a separate pardon application from Bankman-Fried as pending.
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