The FTX Saga:

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SBF Sentenced to 25 Years

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Sam Bankman-Fried Shouldn’t Get New Trial, Prosecutors Argue

Sam Bankman-Fried in 2023. — Sam Bankman-Fried in 2023.Photographer: Victor J. Blue/Bloomberg

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By Robert Burnson

March 12, 2026 at 4:08 AM UTC

Prosecutors say FTX co-founder Sam Bankman-Fried’s request for a new trial should be rejected because he has failed to show how his conviction was unfair.

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