Former FTX CEO Sam Bankman-Fried Seeks New Trial Nearly Two Years After Fraud Conviction

Oral arguments in the appeal of disgraced FTX founder Sam Bankman-Fried (SBF) are set to take place in Manhattan on Tuesday as the former “king of crypto” pushes for a new ￰1￱ Pushes For New Trial Lawyers for Bankman-Fried are expected to present their case for a new trial for the former FTX CEO in New York City on November ￰2￱ a September 2024 court document , Bankman-Fried’s attorneys argued that the ex-crypto executive was “presumed guilty” before his conviction. “Throughout the proceedings, the district court made little pretense of objectivity or even-handedness,” the filing reads. “In addition to eviscerating Bankman-Fried’s defenses, the judge repeatedly made biting comments undermining the defense and defense counsel, even deriding the defendant’s own testimony during the preview hearing and in front of the jury,” they ￰3￱ Founder And Crypto Executives Face The Music The hearing comes nearly two years to the day after Bankman-Fried was convicted on criminal fraud charges tied to his time as CEO of the doomed crypto ￰4￱ former associates of Bankman-Fried testified against him in the whirlwind month-long fraud trial , including FTX chief technical officer, Gary Wang, the crypto platform’s former head of engineering, Nishad Singh, and one-time Alameda Research CEO, Caroline Ellison.

Bankman-Fried was sentenced to 25 years in federal prison in 2024 for orchestrating the massive digital asset scheme that saw FTX investors drained of $8 ￰5￱ @GETTRofficial ￰0￱ — SBF (@SBF_FTX) October 15, 2025 Last month, a post on Bankman-Fried’s official GETTR account alleged that “Biden’s anti-crypto SEC/DOJ went after me” and arrested him in 2022 as a means of preventing his testimony on Capitol Hill the next day. “They had me arrested weeks before the crypto bill I was working on was set for a vote—and the night before I was set to testify before Congress,” a post on Bankman-Fried’s official Gettr account says. However, it is still unclear if Bankman-Fried’s arguments will hold up in court.