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Judge Sets March 11 Deadline for Prosecutors to Respond to SBF’s New Trial Motion

Judge Sets March 11 Deadline for Prosecutors to Respond to SBF’s New Trial Motion

Author:

Global Cryptocurrency

Published:

2026-02-26 23:01:02

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BTCCSquare news:

Sam Bankman-Fried's legal team has secured a March 11 deadline for federal prosecutors to respond to their motion for a new trial. The disgraced FTX founder, currently serving a 25-year sentence for fraud, claims newly discovered witness testimony could overturn his 2023 conviction.

Judge Lewis Kaplan's order injects fresh uncertainty into a case that already rocked crypto markets when FTX collapsed in November 2022. The exchange's failure triggered liquidations across BTC, ETH, and SOL positions as its $32 billion valuation evaporated overnight.

Bankman-Fried's appeal remains pending before the Second Circuit. His defense now hinges on purported witness statements that allegedly contradict trial testimony about FTX's operations and fund flows.

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