Judge Rejects Sam Bankman-Fried’s Retrial Bid in FTX Case
Summary
A federal judge has rejected Sam Bankman-Fried's bid for a new trial in the FTX case. US District Judge Lewis Kaplan denied the former FTX chief's attempt to reopen his criminal case, which was based on claims of newly discovered evidence. Bankman-Fried had argued that the jury did not receive a complete picture of FTX's finances and that evidence regarding lawyers' involvement in FTX decisions could have supported his claim of acting in good faith. However, the judge denied the motion, leaving Bankman-Fried's broader appeal as his primary avenue to challenge his conviction and 25-year prison sentence.
(Source:BeInCrypto)