The SBF amnesty application, appeal, and retrial are proceeding simultaneously, with the legal team betting on multiple possible solutions.

According to Mars Finance, on June 8th, while formally submitting a pardon application to US President Trump, FTX co-founder Sam Bankman-Fried (SBF) is simultaneously pursuing multiple legal proceedings, attempting to overturn his conviction through administrative and legal channels. Currently, SBF's team is engaged in three fronts. In addition to the newly initiated presidential pardon application, his appeal against the conviction to the US Court of Appeals for the Second Circuit (Case No. 24-961) completed oral arguments in November 2025 and is currently awaiting a ruling. This appeal primarily revolves around issues such as admissibility of evidence rules, procedural fairness, and whether the presiding judge was biased. Meanwhile, in February 2026, SBF's mother, Barbara Fried, also filed a motion for retrial in the Southern District of New York Federal Court under Rule 33 of the Federal Rules of Criminal Procedure, arguing that there were violations of due process during the trial and requesting the court to retry the case. Analysts point out that the parallel implementation of the pardon application, federal appeal, and motion for retrial reflects that the SBF legal team is not pinning its hopes on a single channel, but rather attempting to advance the case through a combination of executive and judicial processes to create more possibilities for overturning his 25-year sentence. Currently, none of these procedures have yielded a final ruling.