Sam Bankman-Fried has asked the U.S. Supreme Court to review his November 2023 seven-count fraud conviction, 25-year federal prison sentence and $11.02 billion forfeiture order arising from FTX's collapse. His lawyers argue that prosecutors were allowed to present customer-loss evidence while the defense was blocked from introducing evidence that FTX and Alameda Research assets could have repaid customers and investors, with interest. They also contend the forfeiture violates the Eighth Amendment's Excessive Fines Clause. The Second Circuit unanimously upheld the conviction and sentence in June 2026, finding that fraud does not require an intent to cause net economic harm. Bankman-Fried separately applied for a pardon on June 8, while FTX's bankruptcy estate has distributed nearly $10 billion to creditors since early 2025.