SBF's appeal was rejected, $800 million of client funds went down the drain, and he still claims innocence—this mental resilience deserves a Guinness World Record.

The Second Circuit Court of Appeals unanimously rejected Sam Bankman-Fried's appeal, upholding his 2023 fraud conviction and 25-year prison sentence. The court stated that the evidence was sufficient to show that, while publicly assuring clients, investors, and regulators of asset safety, he actually used the funds for personal expenses, political donations, investments, and real estate, and transferred them to Alameda Research, which he founded, described as an epic scam. Bankman-Fried was convicted on seven counts related to misappropriating approximately $800 million of customer funds. Despite the failed appeal, he continues to seek other avenues for clemency and maintains his innocence.