{"id":21774,"date":"2026-02-11T06:26:55","date_gmt":"2026-02-11T06:26:55","guid":{"rendered":"https:\/\/bitunikey.com\/news\/jailed-ftx-founder-sam-bankman-fried-asks-court-for-new-trial\/"},"modified":"2026-02-11T06:27:32","modified_gmt":"2026-02-11T06:27:32","slug":"jailed-ftx-founder-sam-bankman-fried-asks-court-for-new-trial","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/jailed-ftx-founder-sam-bankman-fried-asks-court-for-new-trial\/","title":{"rendered":"Jailed FTX founder Sam Bankman-Fried asks court for new trial"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Sam Bankman-Fried has filed a pro se motion seeking a new trial in his federal fraud case, according to court filings in the Southern District of New York. <\/p>\n<div id=\"cn-block-summary-block_73bd3bc08902302ce153ef97f58323d5\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Sam Bankman-Fried has filed a pro se motion seeking a new trial in his federal FTX fraud case.<\/li>\n<li>The filing argues that testimony from two former FTX executives was improperly absent from the trial.<\/li>\n<li>The motion is separate from Bankman-Fried\u2019s pending appeal of his conviction and 25-year sentence.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The jailed former FTX chief <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/innercitypress.com\/prose1sbfmotionfornewtrialicp021026.html\" target=\"_blank\" rel=\"nofollow\">argues<\/a> that key witness testimony was missing from his 2023 trial, undermining his right to a fair proceeding.<\/p>\n<p>Bankman-Fried is currently serving a 25-year prison sentence after being convicted on seven counts of fraud and conspiracy tied to the collapse of the cryptocurrency exchange. <\/p>\n<p>The motion was submitted under Rule 33 of the Federal Rules of Criminal Procedure, which allows courts to grant a new trial in cases of newly discovered evidence or a miscarriage of justice.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: SBF just filed for a new trial claiming he was a political target of the Biden administration.<\/p>\n<p>He submitted a motion today in the Southern District of New York, arguing his conviction violated due process, citing Rule 33 of Federal Criminal Procedure.<\/p>\n<p>His core claim:\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/WAazlQpr95\">pic.twitter.com\/WAazlQpr95<\/a><\/p>\n<p>\u2014 Milk Road (@MilkRoad) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/MilkRoad\/status\/2021293083821060573?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 10, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Because Bankman-Fried remains incarcerated, the filing was submitted on his behalf by his mother, Stanford Law School professor emerita Barbara Fried.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>FTX collapse and ongoing controversy<\/strong><\/h2>\n<p>FTX was once one of the largest crypto trading platforms in the world. Its sudden downfall in November 2022 followed revelations that its sister trading firm, Alameda Research, was heavily financed with customer funds \u2014 creating an estimated multibillion-dollar gap in client assets and triggering a liquidity crisis that forced FTX and related companies into Chapter 11 bankruptcy.<\/p>\n<p>Bankman-Fried\u2019s conviction in November 2023 stemmed from evidence that he diverted customer funds to cover losses, finance lavish expenditures, and support risky trading at Alameda. Prosecutors described the case as one of the largest financial frauds in recent U.S. history.<\/p>\n<p>Recently, Bankman-Fried\u2019s verified X account, operated through third parties due to prison restrictions, has reignited debate by claiming \u201cFTX was never bankrupt\u201d and asserting that lawyers filed a \u201cbogus\u201d Chapter 11 to take control of the estate. That stance directly contradicts court records showing the massive customer-fund shortfall that precipitated bankruptcy proceedings.<\/p>\n<p>The new-trial motion argues that testimony from two former FTX executives could have challenged key aspects of the prosecution\u2019s narrative. Legal experts say such motions under Rule 33 are difficult to win, requiring evidence that would likely lead to acquittal if presented at a new trial.<\/p>\n<p>Bankman-Fried\u2019s filing comes amid other post-conviction efforts, including an ongoing appeal and continued public statements from his X account, which have at times impacted speculative trading in crypto markets linked to the defunct exchange.<\/p>\n<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sam Bankman-Fried has filed a pro se motion seeking a new trial in his federal fraud case, according to court filings in the Southern District of New York. Summary Sam&hellip;<\/p>\n","protected":false},"author":1,"featured_media":21775,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=21774"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21774\/revisions"}],"predecessor-version":[{"id":21776,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21774\/revisions\/21776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/21775"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=21774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=21774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=21774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}