{"id":76632,"date":"2026-04-29T08:58:41","date_gmt":"2026-04-29T01:58:41","guid":{"rendered":"https:\/\/hbbgroup.net\/judge-rejects-new-trial-for-former-ftx-ceo-sam-bankman-fried\/"},"modified":"2026-04-29T08:58:41","modified_gmt":"2026-04-29T01:58:41","slug":"judge-rejects-new-trial-for-former-ftx-ceo-sam-bankman-fried","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/judge-rejects-new-trial-for-former-ftx-ceo-sam-bankman-fried\/","title":{"rendered":"Judge rejects new trial for former FTX CEO Sam Bankman-Fried"},"content":{"rendered":"
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A Manhattan federal judge has denied FTX CEO and co-founder Sam Bankman-Fried\u2019s motion for a new trial, rejecting his claim that there is new evidence.<\/p>\n

Judge Lewis Kaplan, who oversaw Bankman-Fried\u2019s trial in 2023 and sentenced him to 25 years in prison in early 2024, wrote in an order<\/a> on Tuesday that Bankman-Fried\u2019s claim of new evidence and witnesses was baseless.<\/p>\n

\u201cThis 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,\u201d Judge Kaplan wrote.<\/p>\n

Bankman-Fried in February had requested a new trial<\/a> 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 conviction and sentence.<\/p>\n

On Wednesday, Bankman-Fried asked to withdraw<\/a> his request, telling Judge Kaplan he didn\u2019t believe he would \u201cget a fair hearing on this topic in front of you,\u201d which the judge denied.<\/p>\n

<\/figure>\n

Sam Bankman-Fried appeared on a podcast in March 2025 while being held at the Metropolitan Detention Center in Brooklyn. Source: <\/em>YouTube<\/em><\/a><\/p>\n

In his order, Judge Kaplan wrote that Bankman-Fried\u2019s claim that three former FTX executives could counter the government\u2019s arguments that FTX was insolvent was \u201cbaseless on multiple independently sufficient levels.\u201d<\/p>\n

\u201cNone of the witnesses, for example, is \u2018newly discovered.\u2019 Bankman-Fried well before trial knew all three of them and purportedly knew also what he hoped they would say were they to testify,\u201d Kaplan wrote.<\/p>\n

Bankman-Fried argued that two former FTX executives who didn\u2019t testify \u2014 Ryan Salame, the former CEO of FTX\u2019s Bahamian arm and Daniel Chapsky, FTX\u2019s former head of data science \u2014 could counter the government\u2019s claims about the exchange\u2019s financial health.<\/p>\n

Salame separately pleaded guilty to violating campaign finance laws and operating an illegal money-transmitting business. He was sentenced to seven and a half years in prison in May 2024.<\/p>\n

Related: <\/strong><\/em>Sam Bankman-Fried ramps up Trump support following Ellison\u2019s release<\/strong><\/em><\/a><\/p>\n

He also argued that Nishad Singh, FTX\u2019s former engineering lead<\/a>, who cut a plea deal with prosecutors to avoid jail and testified against Bankman-Fried at trial, changed his testimony<\/a> \u201cfollowing threats from the government.\u201d<\/p>\n

Judge Kaplan said Bankman-Fried could have sought to compel testimony from the trio but didn\u2019t, and his claim that their absence or decision to testify against him was a result of government threats \u201cis wildly conspiratorial and entirely contradicted by the record.\u201d<\/p>\n

Bankman-Fried was found guilty on seven criminal charges related to fraud and money laundering, with a jury finding he illegally transferred billions of dollars of FTX customer money to the trading firm Alameda Research to make risky trades that contributed to the exchange\u2019s collapse.<\/p>\n

Bankman-Fried is being held in a federal prison in Lompoc, California.<\/p>\n

Magazine: <\/strong><\/em>How crypto laws changed in 2025 \u2014 and how they\u2019ll change in 2026<\/strong><\/em><\/a><\/p>\n<\/div>\n

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s Editorial Policy<\/a> and aims to provide accurate and timely information. Readers are encouraged to verify information independently. <\/p>","protected":false},"excerpt":{"rendered":"

A Manhattan federal judge has denied FTX CEO and co-founder Sam Bankman-Fried\u2019s motion for a new trial, rejecting his claim […]<\/p>","protected":false},"author":5,"featured_media":76635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-76632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/76632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=76632"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/76632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/76635"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=76632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=76632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=76632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}