Key Takeaways:
- Sam Bankman-Fried rejected his motion to have a new trial, but insisted on the replacement of the judge before whom these related actions were proceeding.
- His conviction and life imprisonment of 25 years remains a pending case in court.
- Considering all that, a shift toward an appellate strategy, rather than a retrial one, is taking place, and the crypto industry is paying close attention to it.
Sam Bankman-Fried has withdrawn one of the most scrutinized filings in the aftermath of the FTXsaga, although he is not forsaking his outfit for a more general legal war. The former chief of FTX has denied his so-called Rule 33 motion seeking a new trial and is keeping his appeal alive, even though he seeks to be reassigned to a new judge.
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English (US)