Samuel Bankman-Fried v. United States
Pending
- Court
- Supreme Court of the United States
- Case number
- 26-349
- Filed
- 10 Sep 2026
- Parties
- Samuel Bankman-Fried (petitioner) v. United States (respondent)
What was claimed
Petition for writ of certiorari to review the Second Circuit judgment of 12 Jun 2026, including the conviction and $11 billion forfeiture.
What the court decided
No decision; response deadline extended to 16 Nov 2026 (order of 13 Oct 2026).1
United States v. Bankman-Fried
Decided
- Court
- U.S. Court of Appeals for the Second Circuit
- Case number
- 24-961-cr
- Filed
- 2024
- Parties
- United States (appellee) v. Samuel Bankman-Fried (appellant)
What was claimed
Appeal of conviction, sentence and forfeiture, arguing trial rulings limited his defence.
What the court decided
Affirmed on 12 Jun 2026 (opinion by Judge Barrington D. Parker, with Judges Eunice Lee and Maria Araújo Kahn), including the $11 billion forfeiture; mandate issued 4 Aug 2026.2 3 4 5 6 7
Securities and Exchange Commission v. Samuel Bankman-Fried
Pending
- Court
- U.S. District Court, Southern District of New York
- Case number
- 1:22-cv-10501
- Filed
- 13 Dec 2022
- Parties
- SEC v. Samuel Bankman-Fried
What was claimed
Alleged scheme to defraud FTX equity investors; violations of Securities Act s.17(a) and Exchange Act s.10(b)/Rule 10b-5.
What the court decided
Stayed pending the criminal case (reported Feb 2023); no judgment against Bankman-Fried found.8 9
Commodity Futures Trading Commission v. Bankman-Fried et al.
Pending
- Court
- U.S. District Court, Southern District of New York
- Filed
- 13 Dec 2022
- Parties
- CFTC v. Samuel Bankman-Fried, FTX Trading Ltd., Alameda Research LLC (amended 21 Dec 2022 to add Caroline Ellison and Gary Wang)
What was claimed
Alleged fraud and material misrepresentations in connection with digital commodity sales.
What the court decided
Consent order against FTX and Alameda for $12.7 billion entered (announced 8 Aug 2024); claims against Bankman-Fried continuing as of that date.10 11 12
United States v. Bankman-Fried
On appeal
- Court
- U.S. District Court, Southern District of New York
- Case number
- 1:22-cr-00673-LAK
- Filed
- 9 Dec 2022
- Parties
- United States v. Samuel Bankman-Fried (co-defendants Zixiao (Gary) Wang, Caroline Ellison, Nishad Singh)
What was claimed
Wire fraud, wire fraud conspiracy, securities fraud conspiracy, commodities fraud conspiracy, money laundering conspiracy.
What the court decided
Jury verdict of guilty on all seven counts on 2 Nov 2023; sentenced 28 Mar 2024 to 25 years and $11 billion forfeiture; new-trial motion denied 28 Apr 2026.13 14 15 16 17
In re FTX Trading Ltd., et al.
Decided
- Court
- U.S. Bankruptcy Court for the District of Delaware
- Case number
- 22-11068 (JTD) (Jointly Administered)
- Filed
- 11 Nov 2022
- Parties
- FTX Trading Ltd., Alameda Research and affiliated debtors
What was claimed
Voluntary Chapter 11 cases of the FTX Group.
What the court decided
Plan approved by Judge John T. Dorsey at a hearing on 7 Oct 2024; order confirming the Second Amended Joint Chapter 11 Plan entered 8 Oct 2024; distributions to creditors made by the FTX Recovery Trust through 2026.18 19 20 21 22