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Industry

Prosecutors Slam FTX Chief Sam Bankman-Fried’s Bid for New Trial 

SBF filed the pro se motion earlier this year through his mother, claiming suppressed witness testimony from co-defendants, prosecutorial overreach, and a broader "weaponization" of the justice system against him.

Written By:
Gopal Solanky

Reviewed By:
Divya Mistry

Last updated: March 12, 2026 11:20 AM
Published 2026-03-12
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Prosecutors Slam FTX Chief Sam Bankman-Fried's Bid for New Trial 

Key Highlights

  • Prosecutors argue SBF’s “weaponization” narrative makes no sense: he was one of the largest Democratic donors in 2020 and 2022, and his campaign finance crimes directly supported those donations.
  • The filing reveals SBF planned to raise similar complaints before his trial even ended, as part of a deliberate effort to seek leniency by repositioning himself politically.
  • His pre-conviction “to-do” list reportedly included appearing on Tucker Carlson’s show, publicly “coming out as a Republican,” labeling bankruptcy lawyers a “cartel,” and using his donation history to pivot politically. 

Federal prosecutors in Manhattan urged a judge Wednesday to reject former FTX chief Sam Bankman-Fried’s (SBF’s) request for a new trial, filing a 44-page opposition that dismissed SBF’s arguments as legally baseless and opportunistic, according to Inner City Press. 

Bankman-Fried is serving a 25-year sentence after his 2023 conviction on fraud and conspiracy charges tied to the collapse of the cryptocurrency exchange. He filed the pro se motion earlier this year through his mother. He claimed suppressed witness testimony from co-defendants, prosecutorial overreach, and a broader “weaponization” of the justice system against him.  

Crypto in the Courts: After SBF Got 25 Years US Opposes His Pro Se New Trial Motion and Republican "Coming Out" – Inner City Press story: https://t.co/J9x7kac5C3 44-page legal memo opposing SBF on Patreon here https://t.co/ETOycAD9ST pic.twitter.com/0aZ4mHsz25

— Inner City Press (@innercitypress) March 12, 2026

In their response, filed March 11 in U.S. District Court for the Southern District of New York, prosecutors called the political victimization narrative incoherent. They pointed out that Bankman-Fried was among the largest Democratic donors in the 2020 and 2022 cycles, with his campaign finance violations aimed at enabling those contributions. The idea he was targeted for Democratic leanings under a prior administration, they wrote, is “fanciful.” 

The filing went further, portraying the complaints as part of a premeditated strategy hatched before conviction. Prosecutors cited a pre-trial “to-do” list in which Bankman-Fried planned to appear on Tucker Carlson’s program, publicly “come out as a Republican,” attack bankruptcy lawyers as a “cartel,” and leverage his donation history for political repositioning—all to seek leniency. 

The motion, under Rule 33, requires showing newly discovered evidence material to the case and unavailable earlier with reasonable diligence. Prosecutors argued Bankman-Fried falls short on both counts. 

Judge Lewis A. Kaplan, who presided over the original trial, is expected to rule in the coming weeks or months. Such post-conviction requests are rarely granted without compelling new grounds.

Also read: U.S. Regulators End Crypto Turf War as SEC & CFTC Sign Landmark MOU

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Gopal Solanky, Senior Reporter for Markets and Protocols at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Senior Reporter, Markets & Protocols at The Crypto Times, based in Ahmedabad. He covers institutional crypto adoption, Bitcoin treasury strategies, DeFi markets, protocol ecosystems, Ethereum network activity, Hyperliquid, on-chain trends, and broader digital asset market movements. Gopal has been active in the crypto ecosystem for more than six years. Before joining The Crypto Times full-time in 2023, he worked as a freelance crypto content writer, developing a strong understanding of blockchain infrastructure, DeFi protocols, market cycles, token mechanics, and peer-to-peer systems. His reporting focuses on explaining how protocols work, why market movements happen, and how institutional and on-chain activity affects crypto investors and builders. At The Crypto Times, Gopal regularly writes market analysis, protocol explainers, breaking news, and technical breakdowns across Bitcoin, Ethereum, DeFi, altcoins, treasury companies, and Web3 infrastructure. He also conducts on-the-record interviews with regional Web3 founders, protocol teams, and ecosystem leaders. His work has been cited by external publications, including Vulture.com, in coverage of major crypto stories such as the Hawk Tuah memecoin controversy. His reporting has also contributed to The Crypto Times’ coverage of major industry events, including FTX-related developments, institutional crypto adoption, and emerging protocol narratives. Gopal holds a Bachelor’s degree in Computer Applications, giving him a technical foundation for analyzing blockchain systems, crypto infrastructure, and market data.
Divya Mistry - Content Editor at The Crypto Times
By Divya Mistry
Follow:
Divya Mistry is a Sr. Content Editor with over 9 years of experience in news, PR, marketing, and research. Armed with a Master’s Degree in English Literature from the University of Mumbai, she specializes in crafting and refining long-form content across digital and print platforms. Over the years, Divya has contributed to and shaped content for leading brands across a range of industries, including real estate, healthcare, vertical transport, entertainment, lifestyle, education, EdTech, tech, and finance. Her research work has been featured on platforms like DNA India, Forbes, and Elevator World India. She now brings her editorial and research skills to explore the rapidly evolving world of cryptocurrency.

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