SBF appeal concluded; 25-year sentence and $11 billion forfeiture upheld

Odaily Planet Daily reports that on August 4, the U.S. Court of Appeals for the Second Circuit issued an order granting authorization for the SBF appeal. This document serves as the formal concluding文书 for the appeal process, indicating that the appellate court’s review has been completed and the case has been remanded to the district court for enforcement of the judgment. The order affirms the original ruling, including the 25-year prison sentence and approximately $11 billion in forfeiture, without introducing any new arguments. Bankman-Fried’s only remaining judicial recourse is to file a petition for a writ of certiorari with the U.S. Supreme Court, requesting a review, which must be submitted within 90 days of the judgment. He has also submitted a pardon application to the U.S. Department of Justice; however, Senators Cynthia Lummis and Ruben Gallego have introduced resolutions opposing any pardon.