Judge rejects new trial for former FTX CEO Sam Bankman-Fried
Burns Brief
A federal judge slammed Sam Bankman-Fried’s request for a new trial as seemingly “a plan to rescue his reputation,” denying the former FTX boss’s request The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
A federal judge slammed Sam Bankman-Fried’s request for a new trial as seemingly “a plan to rescue his reputation,” denying the former FTX boss’s request.
Key Takeaways
- A federal judge slammed Sam Bankman-Fried’s request for a new trial as seemingly “a plan to rescue his reputation,” denying the former FTX boss’s request