Sam Bankman-Fried’s Motion for New Trial Rejected by US Judge

Sam Bankman-Fried, co-founder of FTX, in a 2023 court appearance.Photographer: Yuki Iwamura/Bloomberg

A federal judge rejected FTX co-founder Sam Bankman-Fried’s do-it-yourself motion for a new trial based on what the former crypto king claimed was new evidence.

US District Judge Lewis Kaplan, who oversaw Bankman-Fried’s 2023 trial and conviction before sentencing him to 25 years in prison, denied the request on Tuesday in New York. The ruling came even after Bankman-Fried had asked to withdraw his request, claiming the judge wouldn’t be fair in deciding it. The judge rejected that, too.