Sam Bankman-Fried Drops Request for New Trial, Citing Fairness Concerns
Sam Bankman-Fried, the founder of FTX, a cryptocurrency exchange that collapsed in 2022, has rescinded his request for a retrial, citing concerns that he would not receive a fair hearing.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 fraud and conspiracy, indicated that he might refile the motion after the outcome of his direct appeal and a related request for reassignment…
April 23, 2026, 11:26 a.m.