FTX Founder Sam Bankman-Fried Petitions Supreme Court to Overturn Fraud Conviction

Sam Bankman-Fried has filed a petition with the U.S. Supreme Court seeking to overturn his 2023 fraud conviction and 25-year prison sentence. His legal team argues that the trial court improperly excluded evidence regarding whether FTX customers would eventually recover their funds and contends that the $11 billion forfeiture order is excessive under the Eighth Amendment. The Supreme Court must now decide whether to hear the appeal. Additionally, records indicate that Bankman-Fried has a pending pardon application with the Office of the Pardon Attorney.