Sam Bankman-Fried, the former CEO of FTX, has filed for a new trial in a New York court following his recent fraud conviction. His legal team argues that the trial was unfair, claiming he was not allowed to present a complete defense. The appeal comes amid ongoing FTX bankruptcy proceedings, which involve approximately $8 billion in assets. During the hearing, Circuit Judge Barrington D. Parker expressed skepticism regarding the appeal's claims. Despite the legal developments, there have been no immediate impacts on the cryptocurrency market.