Sam Bankman-Fried Drops Request for New Trial, Citing Concerns Over Fairness
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has officially withdrawn his motion for a new trial, citing concerns that he would not receive a fair hearing. Bankman-Fried, who is currently serving a 25-year prison sentence for his role in FTX's 2022 collapse, indicated that he may refile the motion after the resolution of his direct appeal and a related request fo…
April 23, 2026, 11:26 a.m.