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Source: Cointelegraph

Sam Bankman-Fried's Conviction Upheld by Federal Appeals Court

A federal appeals court has upheld the conviction of Sam Bankman-Fried, the former chief of the cryptocurrency exchange FTX, affirming his 25-year prison sentence. This decision follows Bankman-Fried's appeal to overturn the original ruling. Concurrently, his efforts to secure clemency from President Donald Trump are reportedly facing significant political challenges.

By Fainaron·Jun 12, 2026 (2 hours ago)·1 views
Sam Bankman-Fried's Conviction Upheld by Federal Appeals Court

A federal appeals court has affirmed the conviction of Sam Bankman-Fried, the former head of the cryptocurrency exchange FTX. The court's decision upholds Bankman-Fried's 25-year prison sentence, which was part of the initial judgment against him.

This ruling comes as Bankman-Fried's legal team sought to overturn the conviction through the appeals process.

In related developments, Bankman-Fried's bid for clemency from President Donald Trump is reportedly encountering steep political obstacles.

According to Cointelegraph, a federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds.

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#sam bankman-fried#sbf#ftx#appeals court#conviction#clemency#donald trump#cryptocurrency
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Cointelegraph. Read the original at Cointelegraph →

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