Sam Bankman-Fried Takes FTX Case to Supreme Court: Will Justices Hear It?
FTX co-founder Sam Bankman-Fried (SBF) requested the US Supreme Court on Thursday to assessment his 2023 fraud conviction and 25-year sentence, the final authorized door left open to him.
His lawyer, Stanford regulation professor Jeffrey Fisher, confirmed the submitting. The justices are free to refuse it with out listening to a phrase of argument.
What SBF is Asking the Justices to Do
The submitting seeks a writ of certiorari. That is a request for the court docket to agree to hear a case, not a listening to itself. Bloomberg reported the information, nevertheless it had not appeared on the court docket’s public docket on the time of writing.
A jury convicted Bankman-Fried in November 2023 over the collapse of FTX and Alameda Research. Judge Lewis Kaplan imposed a 25-year sentence and a $11 billion forfeiture the next March.
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Why the June Ruling Left So Little Room
The Second Circuit Court of Appeals rejected his enchantment on June 12. Circuit Judge Barrington Parker wrote that the trial decide was proper to exclude proof that FTX may have repaid its clients.
“FTX clients have been defrauded as quickly as Bankman-Fried transferred their cash to Alameda no matter how strongly he believed he may later return the cash,” Aljazeera reported.
BeInCrypto flagged the deadline in August, when the Second Circuit mandate issued and left a 90-day window for a Supreme Court petition. Thursday’s submitting lands inside it.
What It Means for FTX Creditors
Nothing on this petition touches the cash. The chapter property runs individually from the legal case, and FTX creditor repayments continue no matter what the justices resolve.
That separation issues to his argument. Many buyer courses have recovered their full claims valued at November 2022 costs, but the appeals court docket held that later reimbursement doesn’t erase the unique deception.
The court docket receives a number of thousand petitions every time period and grants solely a low single-digit share. Most refusals arrive as one line on an order checklist, months later, with no reasoning connected.
His pending pardon application is the opposite monitor, and it has not moved both.
Polymarket merchants now worth a 2% likelihood he walks free in 2026, down from 7% when he filed for clemency in June.
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