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Jailed FTX founder SBF files motion for a retrial

Enforcement Actions

2026-02-11 00:42:16

PANews February 11 News, according to The Block, convicted and imprisoned former FTX CEO Sam Bankman-Fried (SBF) filed a motion on February 10 requesting the court to approve a new trial. The motion was submitted by his mother in the form of a "personal petition" to the United States District Court for the Southern District of New York, accompanied by SBF's written statement.
In the document, he accused the U.S. Department of Justice of concealing evidence and requested that the original trial judge, Lewis Kaplan, recuse himself from the case. The motion states that SBF is charged based on false allegations of "stealing FTX customer assets and causing billions of dollars in losses," and claims that several potential witnesses have refused to testify in his defense due to pressure from a "weaponized Department of Justice." SBF reiterated in the filing that FTX "always had sufficient assets to fully repay customer deposits," and that the crisis he faces is a short-term liquidity issue caused by a run, not insolvency.
The motion also cites potential testimony from Ryan Salame, co-CEO of FTX Digital Markets who did not appear in court, and former data science director Daniel Chapsky, stating that if they testified, they would refute multiple charges from the prosecution.

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