Prosecutors reject Bankman-Fried’s new trial request
6.6 Regulation Prosecutors have denied Sam Bankman-Fried’s request for a new trial, citing a lack of new evidence or legal grounds to overturn his FTX-related conviction.
US prosecutors have formally opposed Sam Bankman-Fried’s request for a new trial, stating he has not demonstrated that his conviction was unjust or that new evidence would alter the verdict. They emphasized that testimony from former FTX executives Ryan Salame and Daniel Chapsky does not qualify as newly discovered evidence, as both individuals were known to the defense prior to the 2023 trial. Prosecutors also dismissed Bankman-Fried’s claims of political targeting and his assertions regarding FTX’s solvency. They highlighted that his campaign finance violations were for personal benefit, not political reasons. The filings underscore the thoroughness of the original trial, which featured extensive witness testimony and documentary evidence. Prosecutors maintain that Bankman-Fried’s arguments lack merit and fail to meet the legal standards required for a retrial.
