Sam Bankman-Fried Drops Request for New Trial, Citing Unfair Hearing Concerns
Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX, has officially withdrawn his motion for a retrial, citing concerns that he would not receive a fair hearing. Currently serving a 25-year prison sentence after being found guilty of seven counts of fraud and conspiracy related to FTX's collapse in 2022, Bankman-Fried indicated that he might refile the motion after the resol…
April 23, 2026, 11:26 a.m.