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Sam Bankman-Fried's appeal fails: a 25-year sentence and the narrowing road to clemency
A federal appeals court has upheld Sam Bankman-Fried's fraud conviction and 25-year sentence, closing the nearest legal exit and leaving presidential clemency as the only remaining path — one that, with Donald Trump in the White House, looks longer than ever.

Wire provenance
This editorial synthesis draws on the following public wire/social posts:
- https://x.com/unusual_whales/status/
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