A federal judge has denied Sam Bankman-Frieds request for a new trial, dealing another setback to the former FTX CEO as he continues to challenge his conviction. The decision, issued on April 28, 2026, by US District Judge Lewis Kaplan in New York, rejects Bankman-Frieds attempt to reopen his criminal case based on what he claimed was newly discovered evidence. Bankman-Fried, who was convicted in 2023 over the dramatic collapse of cryptocurrency exchange FTX, is currently serving a 25-year prison sentence. His legal team filed the motion under Rule 33, a legal provision that allows defendants… Read more
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