Sam Bankman-Fried Drops Retrial Bid, Citing Fairness Concerns
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has formally withdrawn his motion for a retrial, citing concerns that he may not receive a fair hearing. Bankman-Fried, who is currently serving a 25-year prison sentence for his role in the company's collapse, had initially filed the motion through his mother, Barbara Fried, who claimed that new evidence had come to l…
April 23, 2026, 11:26 a.m.