In the chill of modern justice, where fluorescent lights hum like tired poets, a trio of appellate judges lifted their pens and, with the calm certainty of winter settling on a windowpane, affirmed Sam Bankman‑Fried’s fate. Twenty‑five years – a sentence as long and winding as a Siberian rail line – remains untouched.
Reuters whispers that his pleas of unfairness were brushed aside like snow from a traveler’s coat. The court, stern as an old Russian tutor, found no fault in the trial’s choreography, no misstep in the evidentiary dance he claimed had tripped him.
The judges, with a touch of literary severity, described the government’s case as “robust,” which in judicial language means, “My dear boy, you really shouldn’t have done that.” They painted Bankman‑Fried as the architect of one of history’s grander financial catastrophes – the collapse of FTX, a crypto empire that crumbled faster than a badly baked pirozhki.
Their 42‑page opinion – longer than some romances, though with fewer tender moments – dismissed his arguments about fairness with the gentle finality of a door closing in a Moscow wind.
Convicted in 2023 for treating customer funds like a personal piggy bank, he now watches the legal snows drift higher around him.
And so the appeals court leaves everything intact: the sentence, the judgment, and the small matter of an $11 billion forfeiture – a sum large enough to make even the Volga blush.
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2026-06-15 12:21