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SBF's appeal process officially concluded, with the U.S. Second Circuit upholding the 25-year sentence and the approximately $11 billion forfeiture order

2026-08-05 01:12
Odaily News: The U.S. Court of Appeals for the Second Circuit issued the mandate in the SBF case on August 4, a closing document that formally ends the appellate process, signaling that the appellate court's review has concluded and the case has been remanded to the trial court for enforcement of the judgment. The order confirms the original ruling, including the 25-year sentence and the approximately $11 billion forfeiture order, without adding new arguments. Bankman-Fried has only one remaining judicial avenue: filing a petition for a writ of certiorari with the U.S. Supreme Court, requesting that the highest court review the case, which must be submitted within 90 days of the judgment. He has also separately filed a pardon application with the U.S. Department of Justice, but Senators Cynthia Lummis and Ruben Gallego have introduced a resolution opposing any pardon.