U.S. District Court Judge Lewis Kaplan officially denied the former FTX CEO Sam Bankman-Fried's (SBF) motion for a retrial. Previously, SBF presented so-called "new evidence," claiming that FTX was still solvent at the time of bankruptcy and accused the Department of Justice of intimidating witnesses. Judge Kaplan harshly criticized these allegations as "baseless" and "absurd conspiracy theories," pointing out that their claims are completely contradicted by the factual record. (TheBlock)

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