SBF Second Appeal Rejected, Pardon Odds Low Amid Ongoing Innocence Claims
2026-06-17 09:19

Monitored by Woofun AI, the U.S. Second Circuit Court of Appeals formally rejected Sam Bankman-Fried's second appeal on June 12, significantly narrowing his remaining legal avenues.

Concurrently, Polymarket data indicates a mere 14% probability of a presidential pardon by 2027, underscoring the slim chances of early release for the FTX founder currently serving a 25-year sentence at Lompoc Federal Correctional Complex.

Despite these setbacks, SBF's family has intensified efforts to secure political support, hiring Republican lobbyists to engage the Trump administration while his mother maintains a Substack column asserting his innocence.

However, President Trump has explicitly stated he 'does not plan' to pardon SBF, a stance reinforced by pro-crypto Congresswoman Cynthia Lummis. This contrasts sharply with the outcome for CZ, who received a pardon partly due to his exchange's support for World Liberty Financial.

Meanwhile, SBF continues to produce legal documents and memoirs from prison, maintaining a vegan diet and engaging in intellectual pursuits to preserve his cognitive faculties during his extended incarceration.

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Tags:
Sam Bankman-Fried
SBF
Barbara Fried
Trump
Cynthia Lummis
CZ
FTX
World Liberty Financial
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