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New Sam Bankman-Fried Trial Would Be Huge Waste of Court's Time, Judge Says - Slashdot

yro.slashdot.org·yro.slashdot.org·about 1 month ago
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A federal judge denied Sam Bankman-Fried's request for a new trial , calling his claims of DOJ witness intimidation "wildly conspiratorial" and unsupported by the record. Judge Lewis Kaplan said (PDF) the FTX founder's motion appeared tied to a pre-indictment plan to recast himself as a Republican victim of Biden's DOJ in hopes of gaining sympathy, leniency, or even a Trump pardon. Ars Technica reports: Bankman-Fried was sentenced to 25 years in prison in 2024 for "masterminding one of the largest financial frauds in American history," US District Judge Lewis Kaplan wrote in his order. He was convicted on all charges, including wire fraud, conspiracy to commit securities fraud, commodities fraud, and money laundering. There is already an appeal pending in another court, the judge noted.…

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