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BCH $203.75 -0.82%
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HYPE $57.39 +2.19%
AAVE $85.95 -0.88%
SUI $0.6768 -0.78%
XLM $0.1569 -0.65%
ZEC $487.53 -0.26%

Bloomberg: U.S. prosecutors believe SBF's request for retrial should be denied

2026-03-12 12:21:22

According to Bloomberg, U.S. prosecutors stated that FTX co-founder Sam Bankman-Fried's request for a retrial should be denied because he failed to prove that his conviction was unjust.

SBF is serving a 25-year prison sentence after a jury found him guilty of fraud and conspiracy in connection with the collapse of the FTX cryptocurrency exchange in 2023.

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