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sam-bankman-fried-loses-appeal-of-ftx-fraud-conviction
Sam Bankman-Fried Loses Appeal of FTX Fraud Conviction

Sam Bankman-Fried Loses Appeal of FTX Fraud Conviction

Last updated: June 13, 2026 7:48 am
By Bill Pan
1 Min Read
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Sam Bankman-Fried Loses Appeal of FTX Fraud Conviction

Indicted FTX founder Sam Bankman-Fried leaves the United States Courthouse in New York on July 26, 2023. Amr Alfiky/Reuters

A federal appeals court has upheld the fraud conviction of Sam Bankman-Fried, founder of the now-defunct FTX cryptocurrency exchange.

In an opinion issued Friday, a three-judge panel of the Manhattan-based U.S. Court of Appeals for the Second Circuit rejected arguments from Bankman-Fried’s attorneys that his 2023 trial was unfair and that the presiding judge was biased against him, among other claims.

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