Overview
- U.S. District Judge Lewis Kaplan denied Sam Bankman-Fried’s request for a new trial, calling the filing baseless.
- Kaplan said the three former FTX executives Bankman-Fried named were not newly discovered and that he could have sought their testimony during the trial.
- Ryan Salame had pleaded guilty in 2024 and Nishad Singh had cut a deal and testified for the prosecution, weakening claims of new exculpatory evidence.
- Kaplan also refused to step aside from the case and later rejected Bankman-Fried’s bid to withdraw the motion.
- Bankman-Fried remains in federal custody in Lompoc, California, after a 2023 fraud conviction tied to FTX’s collapse, and his appeal is still pending.