Sam Bankman-Fried Drops Retrial Request, Citing Concerns Over Fairness
Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX, has officially withdrawn his motion for a new trial, expressing doubts about receiving a fair hearing. 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 revive the motion after the resolution of his direct…
April 23, 2026, 11:26 a.m.