Sam Bankman-Fried asks Supreme Court to overturn fraud conviction and $11 billion forfeiture
60-second summary
Sam Bankman‑Fried petitions the U.S. Supreme Court to overturn his fraud conviction and the $11 billion forfeiture, arguing the trial barred him from presenting evidence that FTX held sufficient assets to cover its collapse losses. He claims the restriction undermined a fair defense, and a reversal could reshape crypto‑litigation precedents and investor confidence.
Bankman-Fried says he was unfairly barred from providing evidence that FTX had more than enough assets to cover losses from the collapse.