Sam Bankman-Fried requests new trial claiming FTX had $16.5 billion surplus in 2022, but does it matter?

Sam Bankman-Fried filed a motion for a new trial on Feb. 10, advancing a claim that reframes FTX's collapse not as fraud-driven insolvency but as a recoverable liquidity crisis. The motion invokes Rule 33 of the Federal Rules of Criminal Procedure, which permits courts to grant new trials when “the interest of justice so requires,” […] The post Sam Bankman-Fried requests new trial claiming FTX had $16.5 billion surplus in 2022, but does it matter? appeared first on CryptoSlate.