No Result
View All Result
  • Login
Tuesday, September 8, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Cryptocurrency

Sam Bankman-Fried Backs Off New Trial Request, Keeps Pressure On Judge Removal

by FeeOnlyNews.com
5 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
0
Sam Bankman-Fried Backs Off New Trial Request, Keeps Pressure On Judge Removal
Share on FacebookShare on TwitterShare on LInkedIn


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Sam Bankman-Fried has told a federal court he does not expect a fair hearing from the judge overseeing his criminal case — and because of that, he is pulling his request for a new trial.

A Calculated Move In Federal Court

The former FTX chief executive filed a letter Wednesday in the US District Court for the Southern District of New York, withdrawing a Rule 33 motion he had been pursuing to overturn his conviction.

The withdrawal, he made clear, is not final. He dropped the motion without prejudice, meaning he can bring it back after his appeal and his separate request to have a different judge assigned to the case are resolved.

Bankman-Fried, 32, is currently held at the Federal Correctional Institution in Lompoc, California, where he is serving a 25-year sentence handed down after his 2023 conviction on fraud and related charges tied to the collapse of FTX.

At its peak, the crypto exchange was one of the largest in the world.

Sam Bankman-Fried’s letter to Judge Kaplan released publicly Wednesday. Source: CourtListener.

His decision to pull the motion came after Judge Lewis Kaplan ordered him to explain whether lawyers had helped him draft an earlier filing — a pro se document, meaning one submitted without formal legal representation.

Federal prosecutors had raised doubts about whether Bankman-Fried had written the filing on his own, particularly after his mother, Barbara Fried, sent her own letter to the court. She had no legal standing to do so.

Questions About Who Wrote What

In his Wednesday response, Sam Bankman-Fried said he consulted with his parents while writing the letter but described himself as the “ultimate author of the documents.”

He said the need to respond to the court’s questions had taken time away from preparing a fuller response to prosecutors opposing his new trial request. That, combined with his stated belief that Judge Kaplan would not treat the matter fairly, led him to withdraw the motion.

BTCUSD currently trading at $77,600. Chart: TradingView

His bid to have Kaplan removed from the case predates Wednesday’s filing. Back in February, Bankman-Fried asked a court to assign a different judge to rule on his new trial request, accusing Kaplan of showing “extreme prejudice.”

That request remains active. So does his appeal of both his conviction and his sentence, which is pending before the US Court of Appeals for the Second Circuit.

Sam Bankman-Fried: Pardon Talk Has Done Little To Help His Cause

Outside the courtroom, Bankman-Fried has made no secret of his interest in a presidential pardon. According to reports, he has posted publicly praising US President Donald Trump’s crypto-related policies and his administration’s military moves in Iran.

But Trump has shown no sign of extending any relief. Based on reports from a January interview with The New York Times, Trump said flatly that he had no plans to pardon the convicted founder of FTX.

Featured image from Getty Images, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: backsBankmanFriedJudgePressureremovalrequestSamtrial
ShareTweetShare
Previous Post

Some people who appear completely unbothered by criticism haven’t stopped caring what others think. They’ve just moved the audience inside, and now they answer to a version of themselves that never gives them a day off

Next Post

Pentagon Requests $54 Billion For AI War

Related Posts

EU to Advance MiCA Review, Targeting Non-EU Stablecoin Rules

EU to Advance MiCA Review, Targeting Non-EU Stablecoin Rules

by FeeOnlyNews.com
August 8, 2026
0

Key TakeawaysThe EU is set to revise the MiCA framework to allow excluded foreign stablecoins like Tether to operate.This regulatory...

Coinbase CEO Brian Armstrong Says Crypto Progress Continues Despite CLARITY Act Delay

Coinbase CEO Brian Armstrong Says Crypto Progress Continues Despite CLARITY Act Delay

by FeeOnlyNews.com
August 7, 2026
0

Coinbase CEO Brian Armstrong said crypto adoption continues despite the delayed CLARITY Act, pointing to growing stablecoin use, tokenization, and...

Bybit Uses Tokenised Equities as Underlyings for Structured Yield

Bybit Uses Tokenised Equities as Underlyings for Structured Yield

by FeeOnlyNews.com
August 7, 2026
0

Bybit is expanding the role of tokenised equities on its platform by using more xStocks as underlyings for its Dual...

Senate abandons August CLARITY Act vote

Senate abandons August CLARITY Act vote

by FeeOnlyNews.com
August 7, 2026
0

The US Senate has abandoned plans to vote on the landmark CLARITY Act legislation before its August break.On Aug. 6,...

Reform UK Chair Calls for Probe into SBF-Linked Donation: Report

Reform UK Chair Calls for Probe into SBF-Linked Donation: Report

by FeeOnlyNews.com
August 7, 2026
0

The chairman of the UK’s Reform party has called for an investigation following reports of a $50,000 political donation linked...

MARA Reports 1M Loss While Miners Deposit 581 BTC to NYDIG

MARA Reports $611M Loss While Miners Deposit 581 BTC to NYDIG

by FeeOnlyNews.com
August 7, 2026
0

Key TakeawaysMARA’s Q2 revenue fell 27% to $174.9 million, missing Wall Street estimates by more than 16%.Riot Platforms and MARA...

Next Post
Pentagon Requests  Billion For AI War

Pentagon Requests $54 Billion For AI War

Google Is Tracking Your Life – Photo Cloud Feeding AI System

Google Is Tracking Your Life - Photo Cloud Feeding AI System

  • Trending
  • Comments
  • Latest
Bitcoin and ethereum prices today, Friday, August 7, 2026: Crypto prices moving higher following July jobs report

Bitcoin and ethereum prices today, Friday, August 7, 2026: Crypto prices moving higher following July jobs report

August 7, 2026
MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

July 3, 2026
Delek Logistics Partners Reports alt=

Delek Logistics Partners Reports $0.54 EPS for Q2 FY26

August 5, 2026
Onkure Therapeutics Releases Q2 2026 Financial Results

Onkure Therapeutics Releases Q2 2026 Financial Results

August 4, 2026
Thryv outlines M run-rate savings while revising 2026 SaaS adjusted EBITDA to M-M (NASDAQ:THRY)

Thryv outlines $60M run-rate savings while revising 2026 SaaS adjusted EBITDA to $42M-$44M (NASDAQ:THRY)

August 4, 2026
My Thoughts on Going All In

My Thoughts on Going All In

August 4, 2026
Advanced Micro Devices (AMD) Price Prediction: How Much a ,000 Investment Could Be Worth by 2031

Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031

0
Cities holding up to 3 million people found under Amazon rain forest

Cities holding up to 3 million people found under Amazon rain forest

0
Republican Party Displacement | Mises Institute

Republican Party Displacement | Mises Institute

0
Bybit Uses Tokenised Equities as Underlyings for Structured Yield

Bybit Uses Tokenised Equities as Underlyings for Structured Yield

0
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

0
Advanced Micro Devices (AMD) Price Prediction: How Much a ,000 Investment Could Be Worth by 2031

Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031

August 8, 2026
Republican Party Displacement | Mises Institute

Republican Party Displacement | Mises Institute

August 8, 2026
Vanguard Chief Economist: AI and jobs, still in an ATM phase

Vanguard Chief Economist: AI and jobs, still in an ATM phase

August 8, 2026
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

August 8, 2026
Democrats’ Affordability Message Misses a Key Expense—Student Debt

Democrats’ Affordability Message Misses a Key Expense—Student Debt

August 8, 2026
Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

August 8, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031
  • Republican Party Displacement | Mises Institute
  • Vanguard Chief Economist: AI and jobs, still in an ATM phase
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.