Sam Bankman-Fried files for new trial over FTX fraud charges
Summary
Sam Bankman-Fried, the former CEO of FTX, is requesting a new trial, with the motion filed by his mother, Barbara Fried. The request centers on new evidence, including the absence of testimony from former FTX executive Ryan Salame during the initial trial. Salame was convicted on federal charges and claimed a cooperation agreement should have protected his wife. SBF, representing himself, previously argued the trial was unfair, focusing on FTX’s solvency, but judges maintained the core issue was the misappropriation of customer funds. Despite this, and President Trump’s rejection of potential clemency, SBF continues to advocate for himself on X, claiming he is a victim of political persecution. A separate story mentions Blockchain.com receiving UK regulatory approval after initially withdrawing its application in 2022.
(Source:CoinDesk)