Sam Bankman-Fried Drops Request for New Trial, Citing Concerns Over Fairness
The founder of the now-defunct cryptocurrency exchange FTX, Sam Bankman-Fried, has officially withdrawn his motion for a new trial, citing concerns that he would not receive a fair hearing. Bankman-Fried, who is currently serving a 25-year prison sentence for multiple counts of fraud and conspiracy related to FTX's collapse in 2022, indicated that he may reconsider his motion after the outcome of…
April 23, 2026, 11:26 a.m.