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Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has formally withdrawn his motion for a retrial, citing concerns that he would not receive a fair hearing. Bankman-Fried, currently serving a 25-year sentence for multiple counts of fraud and conspiracy related to FTX's collapse in 2022, indicated that he may refile the motion after the outcome of his direct appeal and…
April 23, 2026, 11:26 a.m.