Sam Bankman-Fried withdraws retrial motion. He believes he would not get a fair trial.
CoinDesk·3h ago·Neutral
What Happened
Sam Bankman-Fried, FTX founder serving a 25-year sentence for fraud, withdrew his retrial motion, expressing concerns about receiving a fair hearing. He may renew the motion after his direct appeal concludes. Bankman-Fried largely drafted the motion himself while detained in Brooklyn, consulting lawyers and parents for suggestions.
Key Entities
Sam Bankman-FriedFTXMetropolitan Detention CenterU.S. Court of Appeals for the Second CircuitRule 33 Motion