FTX founder Sam Bankman-Fried has dropped his request for a retrial after fearing that the judge oversees his case would give him an fair hearing in one of its requests.
He is serving a 25-year sentence after being convicted on seven counts of fraud and conspiracy tied to FTX’s 2022 collapse, Bankman-Fried said the motion could be renewed when his direct appeal and request for reassignment are decided.
He filed a new trial motion by his mother, Barbara Fried who said the case would be reset with new evidence in its case.
Bankman-Fried said he largely drafted the motion himself while detained at the Metropolitan Detention Center in Brooklyn, with limited assistance.
While he explained that ‘author of the letter’ to the judge, his lawyers and his parents ‘since it concerns them both’.
Bankman-Fried said ‘They made editorial and organizational suggestions, some of which I added to the motion. They also helped print it, as I no longer had a word processor. I also posted previous drafts with an attorney in New York, who had been commissioned to represent me on the Rule 33 Motion before I decided to stand for myself; they did not have much input into the final motion. Paraphrasing ‘It is an important part of my life to be paraphrased.
The motion of Rule 33 is a formal request to formally file judicial petitions for re-trial on new evidence or in the interest of justice.
The appeal is now in the hands of the U.S. A , S. Second Circuit Court of Appeals for Paraphrasingr. But his attorney, Alexandra Shapiro, in oral arguments in November said the trial was’very unfair’ including restrictions on what Bankman-Fried could offer to the jury.
Thanks for reading Sam Bankman-Fried withdraws retrial motion He believes he would not get a fair trial