Sam Bankman-Fried Drops Retrial Bid, Citing Fairness Concerns
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has officially withdrawn his motion for a retrial, citing concerns that he would not receive a fair hearing.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, had initially filed the motion through his mother, Barbara Fried, who claimed that new evidence had come to …
April 23, 2026, 11:26 a.m.