Sam Bankman-Fried Drops Request for New Trial, Citing Concerns Over Fairness
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has formally withdrawn his motion for a retrial, citing doubts about receiving a fair hearing. Bankman-Fried, currently serving a 25-year prison sentence for fraud and conspiracy related to FTX's collapse in 2022, indicated that he might refile the motion after the outcome of his direct appeal and a related request for…
April 23, 2026, 11:26 a.m.