2nd Circuit Upholds Sam Bankman-Fried’s 25-Year FTX Fraud SentenceJune 12, 2026Law and PolicyThe 2nd Circuit unanimously upheld Sam Bankman-Fried's 25-year FTX fraud conviction on June 12, 2026, rejecting all appellate challenges and leaving him with few legal options.
Bankman-Fried Files Formal Pardon Petition With DOJ Clemency OfficeJune 9, 2026Law and PolicySam Bankman-Fried formally petitioned the DOJ's Office of the Pardon Attorney for a presidential pardon on June 8, 2026, while his Second Circuit appeal remains pending.
Bankman-Fried Files Formal Pardon Application; White House DeclinesJune 8, 2026Law and PolicySam Bankman-Fried filed a formal pardon application with the DOJ on June 8, 2026. The White House reiterated it will not grant the request.
DOJ Charges Five in San Diego Over Myanmar and Cambodia Scam NetworksMay 3, 2026Law and PolicyFederal prosecutors in San Diego charged five defendants tied to pig-butchering scam compounds in Myanmar and Cambodia, coordinating with 276 international arrests via Dubai Police.
DOJ Charges Two Chinese Nationals in Myanmar Pig-Butchering Fraud OperationMay 3, 2026Law and PolicyThe DOJ charged two Chinese nationals for managing Myanmar pig-butchering crypto fraud compounds, seizing 503 websites and restraining over $700 million in proceeds.