Sam Bankman-Fried Drops Request for New Trial, Citing Unfair Hearing Concerns
Founder of defunct cryptocurrency exchange FTX, Sam Bankman-Fried, has retracted his request for a retrial, citing concerns over the fairness of the proceedings. In a letter to the presiding judge, Bankman-Fried expressed doubts about receiving a fair hearing. Currently serving a 25-year sentence for fraud and conspiracy related to FTX's collapse in 2022, Bankman-Fried indicated that he might ren…
April 23, 2026, 11:26 a.m.