Judge Denied SBF Retrial Bid

1 week ago 11

Rommie Analytics

Key Takeaways:

  • There was a rejection of the request for a retrial filed by Sam Bankman-Fried by a federal judge who ruled there were no valid claims of “new evidence” and testimony from the witnesses
  • The court ruled the supposed witnesses were not newly discovered and that some claims were speculative and baseless
  • This is another blow to the ongoing appeals case of Bankman Fried and will strengthen the guilty verdict regarding the fraud case involving FTX

The attempt by Sam Bankman-Fried to reargue one of the largest criminal cases in crypto was met with a bang after the U.S. federal judge denied a retrial. The decision becomes a significant blow to the ex-FTX boss because he still is appealing his conviction.

Read More: Sam Bankman-Fried Drops New Trial Bid as FTX Fallout Deepens

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