Judge rejects new trial for FTX CEO Sam Bankman-Fried
Tech Judge rejects new trial for FTX CEO Sam Bankman-Fried A United States federal judge has denied a motion for a new trial filed by former CEO and co-founder of FTX, Sam Bankman-Fried, who is currently serving a 25-year prison sentence in connection with his role in the fraud that led to the collapse of the digital asset exchange FTX. Judge Lewis Kaplan of the U.S. District Court Southern District of New York, who oversaw Bankman-Fried‘s trial in 2023, wrote an order on Tuesday denying Bankman-Fried’s motion because the disgraced former FTX CEO failed to come up with “supposed evidence that he claims to have been newly discovered” in the time allotted. Meanwhile, Kaplan said the government filed “an extensive and detailed opposition” to Bankman-Fried‘s motion, which on its own “would suffice to express the agreement with the government’s entire response and simply deny the motion.” In the motion, filed by Bankman-Fried in February without consulting his lawyers, the beleaguered former golden boy of crypto requested a new trial, to be overseen by a different judge. However, after two extensions to give him time to produce his supposed new evidence and respond to the governments opposition filing, last Wednesday, Bankman-Fried wrote to Kaplan asking to