Sam Bankman-Fried Drops Request for New Trial, Citing Unfair Hearing Concerns
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has officially withdrawn his motion for a retrial, citing concerns that he would not receive a fair hearing.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 exchange's 2022 collapse, expressed his intention to potentially renew the motion after the outcome of his direct appeal and …
April 23, 2026, 11:26 a.m.