Sam Bankman-Fried withdraws retrial motion. He believes he would not get a fair trial.
CoinDesk
Sam Bankman-Fried has withdrawn his request for a new trial, citing concerns over fairness, but may revisit the motion following his pending appeal.Summary
Sam Bankman-Fried, the founder of the collapsed exchange FTX, has withdrawn his motion for a retrial. Currently serving a 25-year sentence for fraud and conspiracy, Bankman-Fried expressed doubt regarding his ability to receive a fair hearing at this time. He indicated that he may refile the motion after the U.S. Court of Appeals for the Second Circuit issues a ruling on his broader appeal, which argues that his original trial was fundamentally unfair. Bankman-Fried, who drafted the motion himself from the Metropolitan Detention Center, clarified that he maintains the option to pursue a new trial pending the outcomes of his direct appeal and a separate reassignment request.
(Source：CoinDesk)