Sam Bankman-Fried, former CEO of FTX, has withdrawn his motion for a new trial, citing concerns over receiving a fair hearing under U.S. District Judge Lewis Kaplan. Bankman-Fried, convicted of fraud and sentenced to 25 years in 2024, plans to renew his motion after his appeal and request for a new judge are resolved. Bankman-Fried's appeal, filed in November 2025, challenges his fraud conviction on grounds of judicial bias and restrictions on defense evidence. He maintains that FTX was solvent enough to meet its obligations, disputing claims of a significant financial shortfall. The appeal is currently under review by a three-judge panel.