No new trial for Sam Bankman-Fried
4 days ago
- #Legal Appeal
- #FTX Scandal
- #Sam Bankman-Fried
- Judge Lewis Kaplan denied Sam Bankman-Fried's motion for a new trial, closing off a key avenue to avoid his 25-year prison sentence.
- Bankman-Fried attempted to withdraw his motion for a new trial, but Kaplan refused and ruled against it, condemning Bankman-Fried's reputation rehabilitation campaign.
- Evidence showed Bankman-Fried's parents assisted with his legal filings, despite his claims of self-representation, leading to scrutiny from the court.
- Bankman-Fried's arguments for a new trial were based on witness testimony claims, but Kaplan found no newly discovered evidence and dismissed the motion.
- Bankman-Fried's ongoing appeal to the Second Circuit is widely expected to fail, with judges expressing skepticism during oral arguments.
- After exhausting appeals, Bankman-Fried's remaining options are limited to a habeas petition or clemency, with Donald Trump having twice refused a pardon.