FTX Founder Sam Bankman-Fried Requests New Trial After Firing Attorney

Summary

Sam Bankman-Fried, convicted of fraud related to the collapse of FTX and misappropriation of $10 billion in customer funds, has requested a new trial in Manhattan after firing his attorney and choosing to represent himself. His mother filed the motion under Rule 33, which allows new trials if new evidence emerges within three years of a guilty verdict; Bankman-Fried was convicted over two years ago on seven charges. He is currently serving a 25-year sentence and had previously appealed, claiming bias from all parties involved. The recent filing does not specify what new evidence, if any, was discovered. Bankman-Fried has used social media via a proxy to allege political persecution by the Biden administration, and has sought to compare his situation to Donald Trump’s, though Trump has publicly said he will not pardon him.