Judge Rejects Sam Bankman-Fried’s Retrial Bid in FTX Case
A federal choose rejected Sam Bankman-Fried’s request for a brand new trial on Tuesday, April 28, 2026, denying the previous FTX chief’s try and reopen his legal case based mostly on claims of newly found proof.
US District Judge Lewis Kaplan issued the ruling in New York, the place he oversaw Bankman-Fried’s 2023 trial. Bankman-Fried was convicted over the collapse of FTX and later sentenced to 25 years in jail.
The movement was filed beneath Rule 33, a process that permits defendants to hunt a brand new trial if new proof emerges. Bankman-Fried argued that the jury didn’t hear the total image of FTX’s funds, together with claims that the trade had belongings that would repay prospects.
He additionally argued that proof about attorneys’ involvement in FTX choices may have supported his declare that he acted in good religion fairly than with legal intent.
However, Kaplan denied the movement even after Bankman-Fried tried to withdraw it. Bankman-Fried had claimed the choose wouldn’t be truthful in deciding the request.
The ruling leaves Bankman-Fried’s broader attraction earlier than the Second Circuit as his fundamental path to problem the conviction.
The put up Judge Rejects Sam Bankman-Fried’s Retrial Bid in FTX Case appeared first on BeInCrypto.
