Sam Bankman-Fried Seeks New Trial, Claims Evidence Could Overturn Fraud Convictions in FTX Collapse

February 10, 2026
Sam Bankman-Fried Seeks New Trial, Claims Evidence Could Overturn Fraud Convictions in FTX Collapse
  • The filing includes a declaration from attorney Daniel Chapsky and has been reported by Inner City Press.

  • SBF contends prosecutors withheld evidence of solvency and that trial information could negate intent, accusing prosecutors of pressuring witnesses to plead guilty.

  • SBF argues that FTX's bankruptcy filing was improperly compelled and maintains the platform was solvent, listing potential witnesses and new material that could lead to a retrial.

  • Court records show a January 2023 filing indicating SBF instructed that FTX.US be excluded from bankruptcy proceedings based on the tech team’s assessment that it was unaffected by deficits.

  • Judge commentary underscored that the government’s case centered on misrepresentations to investors about customer funds and their use, which underpinned the conviction.

  • The request, filed as a pro se effort by his mother Barbara Fried on his behalf, contends that testimony from former FTX managers who did not testify at the first trial could exonerate him and cast doubt on prosecutors’ narrative about FTX’s finances.

  • Sam Bankman-Fried has filed a motion for a new trial in a Manhattan federal court, seeking to overturn seven fraud-related convictions tied to the FTX collapse, and he argues that new witnesses and evidence could undermine the government’s case.

  • SBF has previously appealed on grounds of unfair trial conditions, with appellate judges questioning whether solvency was the central issue of the case.

  • Separately, former President Donald Trump indicated he would not consider clemency for SBF, while SBF used X to continue advocating his view that he is a victim of lawfare under the current administration.

  • Details on the new witnesses or their expected testimony were not disclosed in the filing, but the move signals a challenge to the original judgment.

  • The new-trial bid runs parallel to ongoing bankruptcy estate proceedings, which continue distributing funds to creditors with billions paid out in 2025 and more anticipated as asset recoveries and claims reviews proceed.

  • An appeal of the conviction is already underway, with lawyers criticizing the trial judge for not informing jurors that FTX had sufficient funds to repay investors.

Summary based on 7 sources


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