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Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has formally withdrawn his request for a retrial, citing concerns that he may not receive a fair hearing.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 a motion for a new trial, arguing that new evidence had come to light that would warrant…
April 23, 2026, 11:26 a.m.
