# Sam Bankman-Fried loses bid to overturn crypto fraud conviction

> **Open Intelligence Dossier** · First detected: 2026-06-12 17:07 UTC · Category: Business

## Executive Summary
An appeals court has upheld the fraud conviction and 25-year sentence of FTX founder Sam Bankman-Fried.

## Intelligence Brief
An appeals court denied Sam Bankman-Fried's bid to overturn his conviction related to the collapse of the cryptocurrency exchange FTX. The decision maintains his 25-year prison sentence.


Coverage from outlets including Forbes, the Financial Times, CNBC, Yahoo, The New York Times, Bloomberg, Politico, and Reuters confirms the court's ruling. Reporting highlights that the appeal denial follows a recent public request by Bankman-Fried for a presidential pardon from Trump.


Observers are tracking the status of the pardon request filed by Bankman-Fried. Future developments will depend on the handling of this application.

## Multi-Source Evidence Table
| Source Outlet | Headline | Verification URL |
|---|---|---|
| Financial Times | Sam Bankman-Fried loses fraud conviction appeal | [Source Link](https://news.google.com/rss/articles/CBMihAFBVV95cUxPQ3ljS1VqSW90R1lWRmV2VlJQYXJnMzVUT3l3LTlzN3lwNUpJZVpxT0FtalZka0dsSWk5R2RGOTlMcV90VUN6WllEZ3lmYktOelNmZlVJdmpnUFNhNVVzTUJMWEF6MGtQTURHNGNCbEpRQnJmUHh1cWZ2OTJ0QUtLQUFkSzc?oc=5) |
| Fox Business | Convicted crypto fraudster seeking Trump pardon loses bid to overturn 25 year prison sentence | [Source Link](https://news.google.com/rss/articles/CBMi1wFBVV95cUxQaHpJdWV3OE9tbTlpbmJFU1NMYmtNSHdwY19FRkpjaFBYbzlXTWQ0SlhVV1JKcnY2V1VTTG5PUjFXMUZRMHV0TlUya1Y0c0xXWkZXZ0hKTjNhWkR5RjNWT3JGendiODNhSEdIVG1UcjFFR05pR0w0aGJYcDRtNU9MMENVbURnY0IxQVNEU0VhV0Z0RlMxZFZpQlk3bjR0ZFBnSk9oMEhRX3dtVjlPS2hucXFkcENySXB5ajN3MlVPWjRSOEhBQml3OFkwVGw4ZlhTQ0ptajdxUdIB3AFBVV95cUxNRGg4ME1oSHp0S2V1U1lPT3g2YUctbnFWNXFRWklhdTdfSF9fYnV2N1hUWjhpanZ4YTVFSWtaWmdxbS1XVC13VDFGUS1ocnRWN3BvQ3pRd1BKVFJjUHozLTZuRWFTd3NvZHdlWUlvRGpqeXJyWTAxTUUxVFV) |
| Forbes | Disgraced FTX Founder Sam Bankman-Fried Loses Appeal Of 25-Year Sentence | [Source Link](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOamxiX3I2V3ZWaTQ0ZUZLRldHZHptSW82YjlSX2xuUElkSHkwT1ptak04N0tPY3ozNi14TkNtY1hIUGtNZDFQU0hPbTF1VHVZQUFCNG1vdmxQbFBFZkh0MWwyb1JoaGwzVFRyMEZvWVkwcDBvRW1aT2p0OUI1eDRnWWQ3UUltZUY0NFVmSTN3VHNMaEluZVJPR3ZCeGppS1hJSzlmNFp0b3hEZXJFaFpGeGRwRDI1SnFlaGp6ZDZGWXVMZ2M?oc=5) |
| Financial Times | Sam Bankman-Fried loses fraud conviction appeal | [Source Link](https://news.google.com/rss/articles/CBMicEFVX3lxTE80RDRoQU9tRVA4OGZ2bDZ1b0ZNY0dQVXQ2aTNWa2FCRlBHUWszNWlzbzd3X0ZPclktb3ppbmFKTmNmaGlibUJ4LUlaSkk1MDhyRGhVaDV3WnJRd0owMDc2LTZIR2ZDUVJmeDlmRDBieHY?oc=5) |
| CNBC | Appeals court upholds FTX co-founder Sam Bankman-Fried's fraud conviction | [Source Link](https://news.google.com/rss/articles/CBMiowFBVV95cUxOb3FQcE5rUGxZMHU4c19PYk4wcEp4MDVRTDIxXzlfd1J1QXBxYTUyV2JJUzBVcHJoVnJsQ05DLTZQS0NoT01MT3NRZTlhZk9qODQ5Q2haTUl1bmlpZ1RpNUUzeW9wdHlnenlydTlCbXBsVloyTkxxUEtMR3k0WVNWazRQUTNnMThlbW9NdXBVNDc2UEc0czg0VE9YeWFucUdaZHVZ0gGoAUFVX3lxTFBWWi1XaE1mYWZ1cC1ERDU4QU1JZ2pSMTRWUmtQTzhtb0ZEck03V2pFd0VHQUNHaV9vLVplRG55QUFJNldIN3l4QlpUV3hJalUxZHRLbVpXX3JDUEg1Q0YxSzIxSENsYjRqSGZKTDRINGJHcm9OQ293RmQ5LV94RFVyNnRPTHA3d3RTWlRuYmxnMDg0YUpFSDlvRHpFT0lTQTNhUE5pNEhOTQ?oc=5) |
| Yahoo | Sam Bankman-Fried’s Crypto Fraud Appeal Denied, Days After His Plea for Trump Pardon | [Source Link](https://news.google.com/rss/articles/CBMilAFBVV95cUxNSTJKMlBYaC1rQ1dpVU5tMGFUTWJ5UmFocm9KZkpRNUdDai1kbmFrNDFmWEo4VmpUNDJxNDJOTExpSWZtakxYSVY2aTEyb0Z2U21MallmN0VDeXRjNkFFSDBabThNUWY3SXJFTGpYYk0zWlUzcTc2VGZSWVlDZER2SE9lcWttM1JGTnIycU1MdlFuX19S?oc=5) |
| The New York Times | Sam Bankman-Fried Has Applied for a Pardon From Trump | [Source Link](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPR0Zkd05uMFl6cFVib2xaYjJXMk1ybmlJUFY2c3loQWpqaGlMeGU5SEhGNnMzbC1ZR3o2cm9WU0dYeFlKSW1IaHpjRnIwRHprb3kxOTVYUXRHZFJXTEJJMWprSlhIV2lqWXFpQXVxMDQ1VlBxMXcyQUctaDh2dmIybzFUMXhQQVVj?oc=5) |
| Bloomberg.com | Sam Bankman-Fried Loses Appeal of Conviction for FTX Fraud | [Source Link](https://news.google.com/rss/articles/CBMiowFBVV95cUxQZ1ZIcHh0VjJzWWRwM0Z1aGg0cGYxbGJra0s0bjdJcU5XSUN0cnppRkZyV0tOMHBMUlVMSno3UVVXdF93N2Z5VHBXTTZqN2RibFZDWUVvc0ZqT05Uc1NFZm9qaERHM25ZM0tXUUQ3UzhwV0syV2QwdHAtMXBDeGJaaXJYVU8xSlk1ZDMxd0pLNXA5UXY0c09jMHI0dmpKc0hZREk0?oc=5) |
| Politico | Sam Bankman-Fried’s conviction upheld by appeals court | [Source Link](https://news.google.com/rss/articles/CBMipgFBVV95cUxQemxxY1cwSUJyV1RGQ29rZUtMMUtoRDVOWDhtQ0Q2YUxZWk5sSmt5czFFcmpOTTdMVExYeVREN3F6Z2NVRXdpcHQzYml2TkdOSE9NeGxIUHl4SGRtdG9oeTAxM21mOHFfT0oySUV1WG56RHJDbV9CV3JlQUdxUDlHNUQ1MjR0TVl2dUNtUjJWSFIwV0w3N3QwVGlYOW5rZUJyNGd2bjBR?oc=5) |
| Reuters | Sam Bankman-Fried loses bid to overturn crypto fraud conviction | [Source Link](https://news.google.com/rss/articles/CBMiswFBVV95cUxQQkxvLTNYcFBTOHNBRlpoeS11emZyY053RVJuMFp6c3BCeTdmVzZ0QXdDRDZzb2lrOFM0WGdUVTkzT3d6bFhuYWN3aEVSV0Zkc2VlcUF1WUc3QlJOeS13cHZDRnJvaHVOWi1ISmRyR3d0TFFiQ3E0czJOVklkUE02UEpnRmRHZzdSVEQ3eDdWcXhiSGVubUxoNERvcjdWS01ZQXBNTUh2b1A2d3ZVSTlkblNpYw?oc=5) |
| Al Jazeera | Sam Bankman-Fried loses appeal to overturn fraud convictions and prison | [Source Link](https://news.google.com/rss/articles/CBMitgFBVV95cUxNUUd0VW83b0lsem9UNS1WSlBUdE94Q1IyWmlkc0o1SnhzVGg5UE5QVlByRjZCOHV1OF9vV1R3NDE2dFV0X2l3a2Rwdko2c056cHU2MnUtU1Vkbk1OQmdZbHpPTHdRbkhzNVZHZjRuOGU0R0gwVWJZRzRFZnJUVkxnU2loNS1maXlaanVOd3JDUmhXM2liOVhKOElvdzUtNWVmWFVHaTB4b0x0djFZQVVrRjNVWGFxZ9IBuwFBVV95cUxNUjAtb0ExQkNLR01uWERYbnVETVhha2dwY1NsOFRud2ZMSXJ6UGVGdE9ILXBBRjJXR3MtcDlzNkFqQmxuaTJRdU4wNV83ZE03TDV5REFheDVlWVpHbFpXdjc4WEhzLW9ST0ZHUDB2a3JhWWN5TG5xQXJBS1R2dHJlbFFUdjBDLVlKTkRPMFYtMzNJRzBUR09XVmNYamE) |
| ABC News - Breaking News, Latest News and Videos | Sam Bankman-Fried loses appeal of fraud conviction in FTX case | [Source Link](https://news.google.com/rss/articles/CBMimAFBVV95cUxOUXBUMHJEWnBPWno5RTZpeHBwd3JkUUJnZ0RQQS1KbTF3UElNTGFTUHVNbEtCcmNUbVhMMXd5YnRFc290bXNoVy1DU3hxeEswYl9wMzRDaGpiZ3M2NlJCUmR5RExWeVp1VExlZGVUMkRVUFdHNEZhcFEtRXl4ZXNPbU9ZYU5yenlGeXl2QnBXLXA2MzNOdW05ZNIBngFBVV95cUxPU0QwM0hQZUFGZ2diRnB2Yk9HS0llelRoalBqZk9PQm80TV9KQ3BmQ1E2dnEwUnN3TEtfanpTbG8xVEZrZVd0WFpuOC1NamxQZFMtR0NrcHBpVF9JdWlNZ0Q4U1R3SFZ6YUlLZ3BIYlBOckE1TzJyZGxFTy1mb04xajR0Y2F3V2dvR05XME1HMEp1RVVEZm03NWRMV0pmZw?oc=5) |

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*Canonical Source: https://pulse.byoviral.com/trend/2026-06-12/sam-bankman-fried-loses-bid-to-overturn-crypto-fraud-conviction*