The conviction of FTX founder Sam Bankman-Fried will stay after an appeals court shot down his bid to overturn his 2023 conviction of fraud.

An appeals court rejected former billionaire and FTX founder Sam Bankman-Fried’s claim that his trial was unfair.

Disgraced FTX founder Sam Bankman-Fried has applied for a pardon from President Trump, which is now his one remaining path out of prison.