United States v. Samuel Bankman-Fried

Decisions and steps

1. 2 November 2023Jury verdict of guilty^S7
2. 28 March 2024Sentenced to 25 years and US$11 billion forfeiture^S1
3. 12 June 2026Second Circuit judgment declining to overturn the verdict^S6S3
4. 13 October 2026Supreme Court grants extension of the response time to 16 November 2026^S6

Claims this case bears on

• Contradicted96
  Before its collapse, FTX's founder told customers, investors and the public that FTX customer deposits were kept safe, held in custody and kept separate from company assets, according to DOJ.
  Regulator statement, 28 March 20243 records citedFraud
• Supported93
  FTX's founder was convicted of fraud and conspiracy charges and sentenced to 25 years in prison, and the conviction was upheld on appeal in June 2026.
  Press report, 12 June 20264 records citedFraud

Sources

1. S7Tier A Statement Of U.S. Attorney Damian Williams On The Conviction Of Samuel Bankman-FriedUS Attorney's Office, Southern District of New York. Government press release. 2 November 2023.Prosecutor statement on the day of the jury verdict. Fixes the conviction date. It does not list the counts.Link working, checked 25 October 2026
2. S1Tier A Samuel Bankman-Fried Sentenced to 25 Years for His Orchestration of Multiple Fraudulent SchemesUS Department of Justice, Office of Public Affairs. Regulator press release. 28 March 2024.Supports the counts of conviction, the sentence, forfeiture and the false statements on customer deposits.Link working, checked 25 October 2026
3. S6Tier A Docket No. 26-349, Samuel Bankman-Fried, Petitioner v. United StatesSupreme Court of the United States. Court judgment. 23 October 2026.Official docket. Gives the Second Circuit case number 24-961, its judgment date of 12 June 2026, and the pending certiorari petition. The date is when the page was generated.Link working, checked 25 October 2026
4. S3Tier C Sam Bankman-Fried Loses Appeal of Conviction for FTX Fraud (1)Bloomberg Law (Bob Van Voris and Ava Benny-Morrison). Press report. 12 June 2026.Reports the Second Circuit panel ruling and possible further steps. The opinion itself was not read.Link working, checked 25 October 2026