Warner, like his teammates both did on Wednesday, took to social media to confirm that he has accepted his lengthy suspension from worldwide and domestic cricket.
Smith, Warner and Bancroft all accepted their bans earlier this week and Mr Peever said they all had chances at redemption.
News.com.au reports that after being "pinned as the mastermind in the entire scandal", Warner was expected to "go down swinging" by appealing his suspension.
As a result, Smith and Warner were banned for 12 months by Cricket Australia while Bancroft was suspended for nine months.
Cricket Australia will launch an independent review into the Australian cricket team's culture in the wake of the dramatic events which rocked the nation in South Africa.
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It has also led the sport's national administrators and the International Cricket Council to review the guidelines on what constitutes the so-called "spirit of cricket" and to make it more clear.
Bancroft was caught on cameras applying sandpaper to the ball during the third day's play of the Newlands Test against South Africa. The world demanded that these players be treated in a particular way.
"These are significant penalties for professional cricketers".
Ricky Ponting, the former Australia captain and the country's highest run-getter in Test cricket insisted that all the talk about "team culture" going wrong was blown out of proportion. Smith and Warner were later also banned by the BCCI from participating in the IPL. There was speculation that at least one of the players would appeal the bans, but in the end none of them took the risk of testing the public again.
Critics have questioned whether CA's role in the affair should come under scrutiny, but chairman David Peever said he does not intend to step down and that chief executive James Sutherland's job is not in jeopardy. "It has also been humbling to be reminded of the passion all Australians have for our great game".
As I indicated in our statement last week, we understand and share the disappointment of fans and the broader Australian community about these events.
"As Australians, we like to play the game hard, we like to play the game fair".