Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
    ExclusiveShow More
    Nothing Is 100% Safe in Crypto Bitcoin’s Coldcard Exploit and Growing Security Crisis 
    Nothing Is 100% Safe in Crypto: Bitcoin’s Coldcard Exploit and Growing Security Crisis 
    From BitMEX to Leap Wallet 100+ Crypto Projects Have Shut Down in H1 2026
    From BitMEX to Leap Wallet: 100+ Crypto Projects Have Shut Down in H1 2026
    July Crypto Stock Breakdown Why MSTR, BMNR Held Gains as IREN, WULF, RIOT, ABTC Dropped
    July Crypto Stock Breakdown: Why MSTR, BMNR Held Gains as IREN, WULF, RIOT, ABTC Dropped
    What Happens If the CLARITY Act Does Not Pass?
    What Happens If the CLARITY Act Does Not Pass?
    The Trump Crypto Presidency Power, Policy, and $1.4 Billion
    The Donald Trump Crypto Presidency: Power, Policy, and $2.3 Billion
  • Opinion
    OpinionShow More
    One P2P Trade, Months of Limbo Why Innocent Indian Crypto Users Keep Paying the Price
    One P2P Trade, Months of Limbo: Why Innocent Indian Crypto Users Keep Paying the Price
    CLARITY Act The Bill Exists, the Deal Does Not, Trump Has to Wait
    CLARITY Act: The Bill Exists, the Deal Does Not, Trump Has to Wait
    The Execution Gap: Why the Next Breakthrough in Financial AI is Human Behavior
    The Execution Gap: Why the Next Breakthrough in Financial AI is Human Behavior
    The Bitcoin Treasury Blueprint What Stress Testing on Strategy Inc.’s MSTR-STRC Reveals
    The Bitcoin Treasury Blueprint: What Stress Testing on Strategy Inc.’s MSTR-STRC Reveals
    Why Wall Street is Divided Michael Saylor’s Scarcity vs. Tom Lee’s Staking Empire
    Why Wall Street is Divided: Michael Saylor’s Scarcity vs. Tom Lee’s Staking Empire
  • Learn
    • Explained
    • How To
    • Insights
  • Videos
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Videos
  • Glossary
Follow US
© 2026 By Crypto Times. All Rights Reserved.
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
Fact Checked by Divya Mistry
Published 2026-03-12·Updated 5 months ago
Make The Crypto Times preferred on GoogleGoogle
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.

Follow The Crypto Times on Google News to Stay Updated!      Google News

TAGGED:FTX
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link

Latest News

CLARITY Act Misses August 7 Deadline Despite White House Push
CLARITY Act Misses August 7 Deadline Despite White House Push
Michael Saylor Says ChatGPT Helped Strategy Develop $15B Funding Plan
Michael Saylor Says ChatGPT Helped Strategy Develop $15B Funding Plan
RWA Deposits Surge to $7.4B Despite Broader DeFi Slowdown CoinShares
RWA Deposits Surge to $7.4B Despite Broader DeFi Slowdown: CoinShares
Polymarket 16% Chance of CLARITY Act Vote Before August Recess
Polymarket: 16% Chance of CLARITY Act Vote Before August Recess
U.S. Court Sentences MyTrade Founder Over Crypto Wash Trades
U.S. Court Sentences MyTrade Founder Over Crypto Wash Trades

Find Us on Socials

You may also like

Crypto Wrench Attacks Top $30M as France Emerges as Hotspot

Crypto Wrench Attacks Top $30M as France Emerges as Hotspot

Ripple Mints 811,026 RLUSD on XRP Ledger

Ripple Mints 811,026 RLUSD on XRP Ledger

Hyperliquid Emerged as Crypto's Top Revenue-Generating Protocol in Q2 Report

Hyperliquid Emerged as Crypto’s Top Revenue-Generating Protocol in Q2: Report

Strategy’s $4B Cash Reserve Buildup Renews Focus on STRC Preferred Stock

Strategy’s $4B Cash Reserve Buildup Renews Focus on STRC Preferred Stock

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Videos
Glossary

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information