
Bankman-Fried’s Sentence Stands
From US News Today | 2 Min News | The Daily News Now! by The Daily News Now!
June 12, 2026 · 2 min
About this episode
The appeals court upheld Sam Bankman-Fried's 25-year sentence and $11 billion asset seizure, rejecting his claims of a biased trial.
Sam Bankman-Fried’s bid to overturn his 25-year sentence just hit another wall as an appeals court rejected his claims of a biased trial, citing overwhelming evidence that he diverted billions from customer funds to Alameda Research — fraud committed the moment the money left customer accounts. The court also upheld the $11 billion asset seizure order. Convicted last year for misusing deposits for investments, property, and political donations, his sentence now includes three years of supervised release. Meanwhile, whispers persist that he’s seeking a presidential pardon from Donald Trump — a surprising pivot from his past Democratic donor status — though the application remains pending. For now, the court’s ruling leaves his conviction and sentence intact, with no immediate sign of relief on the horizon. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/ee5a9d9e4fcd890a
People in this episode
Host: The Daily News Now!
Topics covered
- legal ruling
- fraud
- appeals court
- sentencing
- political donations
- presidential pardon
Keywords
- Sam Bankman-Fried
- appeals court
- fraud
- Alameda Research
- political donations
- Donald Trump
- presidential pardon
Sponsors
Solipillow
Mentioned in this episode
Organizations: Alameda Research
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