A Manhattan federal judge has denied FTX CEO and co-founder Sam Bankman-Fried’s motion for a new trial, rejecting his claim that there is new evidence.
Judge Lewis Kaplan, who oversaw Bankman-Fried’s trial in 2023 and sentenced him to 25 years in prison in early 2024, wrote in an order on Tuesday that Bankman-Fried’s claim of new evidence and witnesses was baseless.
“This motion appears to be one part of a plan to rescue his reputation that Bankman-Fried hatched and even committed to writing after FTX declared bankruptcy but before he was indicted,” Judge Kaplan wrote.
Bankman-Fried in February had requested a new trial to be overseen by a different judge, making the rare move of filing a motion without consulting his lawyers and while an appeals court was considering his…
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Source cointelegraph.com
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