Appeals Court Upholds FTX Co-Founder Sam Bankman-Fried's Fraud Conviction
Summary
A federal appeals court has upheld the conviction of cryptocurrency entrepreneur and FTX co-founder Sam Bankman-Fried, finding that the 2023 trial that led to his 25-year prison sentence was not unfair. The court said Friday that the government's evidence was "conservatively stated, robust." The ruling came from the 2nd U.S. Circuit Court of Appeals in Manhattan. Published Fri, Jun 12 2026, the report is credited to The Associated Press.
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Cited in: Caroline Ellison · Sam Bankman-Fried
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“Appeals Court Upholds FTX Co-Founder Sam Bankman-Fried's Fraud Conviction.”
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Tech Appeals court upholds FTX co-founder Sam Bankman-Fried's fraud conviction Published Fri, Jun 12 2026 12:03 PM EDT The Associated Press WATCH LIVE Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023. Amanda Perobelli | Reuters A federal appeals court has upheld the conviction of cryptocurrency entrepreneur and FTX co-founder Sam Bankman-Fried, finding that the 2023 trial that led to his 25-year prison sentence was not unfair. The 2nd U.S. Circuit Court of Appeals in Manhattan said Friday the government's evidence against the once high-profile player in the cryptocurrency industry was "conservatively stated, robust." Trending Now View the full site © 2026 Versant Media, LLC. All Rights Reserved. A Versant Media Company Data is a real time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stocks, Quotes, and Market Data, and Analysis. Privacy Policy Do Not Sell My Personal Information CA Notice Terms of Service Data also provided by
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