Judge rejects Sam Bankman-Fried’s new trial request, slams claims as ‘wildly conspiratorial’
Summary
U.S. District Judge Lewis Kaplan has officially rejected a motion for a new trial filed by former FTX CEO Sam Bankman-Fried. Bankman-Fried had argued that the government withheld evidence and intimidated potential witnesses, including Ryan Salame and Daniel Chapsky. However, Judge Kaplan dismissed these allegations as "wildly conspiratorial" and "entirely contradicted by the record," noting that the defense had ample opportunity to compel witness testimony if they had chosen to do so. Bankman-Fried, who was sentenced to 25 years in prison for defrauding customers and investors, has an appeal pending and has unsuccessfully sought a pardon from President Donald Trump.
(Source:The Block)