Sam Bankman-Fried Drops Request for New Trial, Citing Fairness Concerns
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has formally withdrawn his motion for a retrial, citing concerns that he would not receive a fair hearing.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 after being convicted of seven counts of fraud and conspiracy related to FTX's collapse in 2022, indicated that he may refile the motion after the …
April 23, 2026, 11:26 a.m.