Sam Bankman-Fried Drops Request for New Trial, Citing Concerns Over Fairness
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has formally withdrawn his motion for a retrial, expressing doubts about receiving a fair hearing. In a letter to the presiding judge, 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 might refile the motio…
April 23, 2026, 11:26 a.m.