Former FTX CEO, Sam Bankman-Fried, has made a new attempt to secure a retrial following his 25-year prison sentence linked to the collapse of FTX.
In this week’s Blockchain Bulletin, host Callum Williams outlined the legal context of the latest filing, noting that the pro se strategy signals continued determination to contest the sentence despite earlier setbacks.
A pro se request has been filed with the New York Federal Court by his mother, seeking permission for Bankman-Fried to represent himself in further proceedings. If approved, the move would allow the convicted executive to directly argue his case as he continues efforts to overturn his 2023 fraud and wire fraud convictions.
Bankman-Fried has previously pursued multiple avenues to challenge the verdict, but this filing marks a shift in approach towards self-representation. The case remains one of the most significant enforcement actions in crypto history, with ongoing implications for regulatory scrutiny of exchanges and executive accountability.
Elsewhere, the UK has appointed HSBC to lead a pilot of tokenised sovereign bonds, testing digital gilt issuance and settlement processes. The initiative could make the UK the first G7 nation to issue tokenised sovereign debt via blockchain infrastructure.
In the US, debate around the Clarity Act has resumed, with banking officials pushing for restrictions on yield-bearing stablecoins, a position opposed by segments of the crypto sector.
