Sam Bankman-Fried Appeals Fraud Conviction and $11 Billion Forfeiture Order to U.S. Supreme Court

Former FTX co-founder Sam Bankman-Fried has asked the U.S. Supreme Court to overturn his fraud conviction and the related $11 billion forfeiture order, according to a filing submitted by his attorneys.

Petition Challenges Trial Court Rulings

Bankman-Fried’s legal team has raised separate challenges in the petition. The first seeks to invalidate his conviction, arguing that the trial court improperly prevented him from presenting evidence concerning FTX and Alameda Research.

The filing contends that the excluded evidence could have supported Bankman-Fried’s defense and affected the jury’s assessment of the allegations against him.

Forfeiture Order Also Contested

The petition separately challenges the forfeiture order requiring Bankman-Fried to surrender approximately $11 billion. His attorneys are asking the Supreme Court to review the legal basis for the order and set it aside if the conviction is overturned.

The Supreme Court is not required to hear the case. If the justices decline review, the conviction and forfeiture order would remain in place unless another legal remedy becomes available.

Background

Bankman-Fried was convicted in federal court on fraud and related charges stemming from the collapse of FTX and the handling of customer funds through Alameda Research. His Supreme Court petition represents a further stage in his effort to challenge the outcome of the case.