Second Circuit Affirms Bankman-Fried’s Fraud Conviction and $11 Billion ForfeitureJune 18, 2026Law and PolicyThe Second Circuit unanimously affirmed Sam Bankman-Fried's 25-year fraud conviction and $11 billion forfeiture order on June 12, 2026, leaving him with limited appellate options.
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.
Judge Kaplan Denies Bankman-Fried Motion for New TrialMay 16, 2026Law and PolicyJudge Lewis Kaplan denied Sam Bankman-Fried's motion for a new trial, finding witnesses were known to the defense before trial and rejecting conspiratorial claims.