Sam Bankman-Fried, the former cofounder of the now-defunct cryptocurrency exchange FTX, is seeking a new trial in New York. His request hinges on the potential impact of new witness testimony that he believes could significantly challenge the government's case against him, as the source reports that this testimony may reveal crucial information previously undisclosed.
Bankman-Fried Files Motion in Federal Court
In a motion filed on February 5 in Manhattan federal court, Bankman-Fried argues that the fresh evidence could materially influence the trial's outcome. He has taken a pro se approach, representing himself in this legal matter.
Background on FTX's Bankruptcy
This latest development comes on the heels of his previous statements questioning the legitimacy of FTX's bankruptcy, where he suggested that the exchange's downfall was a result of legal tactics rather than any criminal activity.
In a recent development, Sam Bankman-Fried has requested a new trial in Manhattan after dismissing his attorney, as detailed in the latest news. This move contrasts with his previous legal strategy, where he sought to challenge the government's case based on new witness testimony.
