Sam Bankman-Fried seeks a new FTX trial, alleging DOJ witness pressure and citing a declaration disputing the prosecution’s insolvency claims, according to a new filing. Sam “SBF” Bankman-Fried claims to have “new evidence“ that the US Department of Justice (DOJ) under former President Joe Biden silenced key witnesses in his fraud case, as he pushes for a new trial. “New evidence shows that Biden’s DOJ threatened multiple witnesses into silence or into changing their testimony. My conviction should be thrown out,“ said SBF in his latest X post from prison on Wednesday. He linked to a court filing seeking a new trial under Federal Rule of Criminal Procedure 33. The motion, submitted Thursday, references a declaration from a former FTX employee and follows earlier reporting that SBF is attempting to challenge his fraud conviction through previously unavailable witness testimony. Read more
FTX founder Sam Bankman-Fried said in a series of recent X posts that US President Donald Trump was “right on crypto,” while Joe Biden “bungled crypto.” Disgraced FTX founder Sam Bankman-Fried has ramped up his social media praise for US President Donald Trump while taking aim at former President Joe Biden, just days after Caroline Ellison, the former CEO of Alameda Research, was released from federal custody. Since Bankman-Fried’s February 2025 interview with the New York Sun and March appearance with political commentator Tucker Carlson, many see Bankman-Fried as angling for a pardon from Trump. “@realdonaldtrump is right on crypto,” Bankman-Fried said in an X post on Friday, just days after Ellison walked free after serving 440 days in prison for her role in the 2022 collapse of FTX. Read more
Almost two years after Sam Bankman-Fried was sentenced to 25 years in prison for his role in the downfall of crypto exchange FTX, the former CEO's lawyers will return to court. Former FTX CEO Sam “SBF” Bankman-Fried, serving a 25-year sentence after his conviction on seven felony counts, will take the next step in his appeals process with a hearing scheduled for November. According to a Wednesday notice in the US Court of Appeals for the Second Circuit, Bankman-Fried’s appeals case has been calendared for arguments on Nov. 4. The court proceeding will mark the first significant movement in the former CEO’s criminal case since his transfer from a New York City facility in March to one in California. The hearing in the Second Circuit had been expected since Bankman-Fried’s lawyers filed a notice of appeal in April 2024 over his 2023 conviction and 25-year sentence. Bankman-Fried’s legal team argued in his appeal filed in September 2024 that the former CEO was “never presumed innocent,” also claiming that prose...