Sam Bankman-Fried loses bid to appeal against fraud conviction in FTX case

https://www.theguardian.com/business/2026/jun/12/sam-bankman-fried-loses-appeal

244 points · 17 comments · view on lemmy.world

17 Comments

Raiderkev@lemmy.world · 18 pts · 88d (2 replies)

Amazed he has not been pardoned yet. The feds must've actually got all his crypto. I assumed he had some squirreled away to bribe Trump with.

Masamune@piefed.social · 6 pts · 87d (1 reply)

That's the flaw in his fraud, he forgot to slip a few BTC to his local politicians.

Raiderkev@lemmy.world · 1 pts · 87d

Supposedly he did if you buy his playing both sides argument.

https://www.theguardian.com/technology/2022/nov/30/ftx-billionaire-sam-bankman-fried-dark-money-republicans

smaximov@lemmy.world · 17 pts · 88d (1 reply)

Dude's name is literally Bank Fraud. Did Kojima write this?

inari@piefed.zip · 4 pts · 87d

Bankman got fried

SailorFuzz@lemmy.world · 16 pts · 88d (4 replies)

this man is still not in jail? what a luxury.

setsubyou@lemmy.world · 38 pts · 88d (2 replies)

From the article

Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044.

manxu@piefed.social · 11 pts · 88d (1 reply)

Low-security federal prison? Isn't that Club Fed, the notorious country-club federal prison for rich people?

DankDingleberry@lemmy.world · 3 pts · 87d

https://www.bop.gov/locations/institutions/lof/

Shortstack@reddthat.com · 9 pts · 88d

Not so

Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044.

jaycifer@lemmy.world · 13 pts · 88d (3 replies)

This prompted me to relisten to the If Books Could Kill episode about a biography of Bankman-Fried. It’s comical how over confident and under competent this guy appears to be.

Tollana1234567@lemmy.today · 5 pts · 87d (2 replies)

hes basically sam altman but for cryptocurrency.

EvergreenGuru@lemmy.world · 3 pts · 87d (1 reply)

We can only hope that Altman experiences a similar fate.

Tollana1234567@lemmy.today · 1 pts · 86d

too bad hes just a puppet of thiel.

MushuChupacabra@piefed.world · 3 pts · 88d

I wish to register a complaint about the Find Out part.

homesweethomeMrL@lemmy.world · 2 pts · 88d

Jan 19th 2028 pardon

Blackfeathr@lemmy.world · 0 pts · 88d (1 reply)

[ removed ]

Arcanepotato@crazypeople.online · 2 pts · 88d

This is a separate process from his pardon application.