SBF's Lawyers Take FTX Founder's Case to Supreme Court
Sam Bankman-Fried's legal team is petitioning the US Supreme Court for review. A ruling could come as early as June 2027.
Attorneys representing Sam Bankman-Fried, the imprisoned founder of collapsed cryptocurrency exchange FTX, have outlined arguments seeking US Supreme Court review of his criminal conviction, according to Cointelegraph.
If the nation's highest court agrees to hear the case, a decision could be issued as early as June 2027, a timeline that reflects the court's standard multi-term review process for accepted petitions.
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Bankman-Fried was convicted in November 2023 on seven counts of fraud and conspiracy related to the collapse of FTX, which wiped out billions of dollars in customer funds. He was subsequently sentenced to 25 years in federal prison, one of the stiffest penalties ever handed down in a US financial fraud case.
Supreme Court review of federal criminal convictions is rarely granted. The justices receive thousands of petitions each term but accept only a small fraction, typically reserving review for cases involving significant constitutional questions or circuit court disagreements on points of law.
Continue reading at Cointelegraph.
