FTX token (FTT) surged 10% to $0.3275 after Sam Bankman-Fried filed a motion for a new trial in New York federal court, citing due process violations. The filing challenges the bankruptcy narrative, with Bankman-Fried asserting that FTX was "always solvent." The token's trading volume increased by 450% to over $15.87 million, reflecting strong bullish sentiment. Bankman-Fried, serving a 25-year sentence, claims the bankruptcy case was fabricated by lawyers who took control of FTX. He argues that FTX held $25 billion in assets against $16 billion in liabilities at its collapse. Despite the token's recent rise, it remains 99% below its all-time high of $84.5, following the November 2022 bankruptcy filing that led to significant market losses.