Policy Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Sam Bankman-Fried files for new trial over FT Policy Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Sam Bankman-Fried files for new trial over FT

Sam Bankman-Fried files for new trial over FTX fraud charges

2026/02/11 04:12
4 min read
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Sam Bankman-Fried files for new trial over FTX fraud charges

The incarcerated former leader of the failed crypto exchange wants a new chance to defend against fraud charges.

By Jesse Hamilton|Edited by Stephen Alpher
Feb 10, 2026, 8:12 p.m.
Make us preferred on Google
Sam Bankman-Fried is asking for another trial. (Jesse Hamilton/CoinDesk)

What to know:

  • Sam Bankman-Fried's mom filed the ex-CEO's latest request to clear his name in court, with the former leader of global crypto exchange FTX seeking another U.S. trial.
  • He's representing himself at this point, according to the 35-page "pro se" filing.
  • SBF will have to demonstrate he has compelling new evidence to warrant another trial.

Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is seeking a new trial, according to a request filed in a New York federal court by his mother.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up

Since being convicted and imprisoned on a 25-year sentence, SBF has been continually challenging his situation in court. The latest motion for a new trial, first reported on Tuesday by Inner City Press, was filed by his mother, Barbara Fried, claiming new evidence in the case would justify a reset. The filing noted the initial absence of testimony from figures, including FTX's Ryan Salame, who fought his own, separate legal battle.

The former FTX executive, Salame, was also convicted on federal charges but had claimed he made an arrangement to cooperate with prosecutors that should have protected his wife, Michelle Bond, from legal pursuit. She was later charged with allegedly taking illegal campaign contributions in her congressional bid.

SBF's 35-page document arrived at the court as a pro se request, meaning the defendant is representing himself.

Earlier efforts by SBF to argue he didn't get a fair initial trial — which came to a head in November — were met with some skepticism by appellate judges. SBF's defense in seeking a retrial through appeal focused attention on the later solvency of FTX, and his account on the social media site X continues to make the argument that the company wasn't bankrupt when it collapsed. However, judges contended in November that solvency didn't seem to be the primary issue.

"Part of the government's theory of the case is that the defendant misrepresented to investors that their money was safe, was not being used in the way that it was the government claims and the jury convicted it was, in fact, used," said Circuit Judge Maria Araújo Kahn, referring to the misappropriation of customer money at the heart of his conviction.

Shutting down another potential path to freedom, President Donald Trump recently said he wouldn't consider clemency for SBF. However, the former FTX CEO is still campaigning for himself via his account on X, arguing he's a victim of former President Joe Biden's "lawfare machine."

Sam Bankman-FriedCriminal trialSDNYFTX

More For You

Ex-SafeMoon CEO gets 8-year prison sentence for defrauding investors

Braden John Karony had been convicted last year on several federal charges, and he's ordered to pay back $7.5 million in restitution.

What to know:

  • The ex-CEO of SafeMoon faces 100 months behind bars after a sentencing on Tuesday.
  • Braden John Karony and his cohorts were accused and convicted of taking millions from their crypto operation for their own gain, including spending to support lavish lifestyles.
Read full story
Latest Crypto News

Ex-SafeMoon CEO gets 8-year prison sentence for defrauding investors

Concerns over Strategy selling bitcoin are 'unfounded,' Michael Saylor says

Struggling Coinbase gets price target cut from JPMorgan ahead of Thursday earnings

Tether invests in LayerZero Labs as it doubles down on cross-chain tech, agentic finance

Bitcoin remains in tight range under $70,000 ahead of Wednesday's U.S. jobs report

Crypto exchange Kraken fires chief financial officer ahead of long-awaited IPO

Top Stories

Vitalik Buterin outlines how Ethereum could play a key role in the future of AI

Bitcoin a tech trade for now, not digital gold, says Grayscale

AI mania is helping cap crypto's upside, Wintermute says

U.S. bitcoin ETFs register back-to-back inflows for first time in a month

I'm not confident we hit a true capitulation in bitcoin, derivatives expert says

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.