Sam Bankman-Fried Drops Retrial Bid, Citing Fairness Concerns
The founder of the now-defunct cryptocurrency exchange FTX, Sam Bankman-Fried, has formally withdrawn his request for a retrial, citing concerns that he would not receive a fair hearing. Bankman-Fried, who is currently serving a 25-year prison sentence for his role in the 2022 collapse of FTX, had initially filed a motion for a new trial, claiming that new evidence had come to light that would wa…
April 23, 2026, 11:26 a.m.