Wed, 22 Apregulation

Sam Bankman-Fried pulls motion for a new trial, still asks for new judge

Burns Brief

The ex-FTX CEO said he consulted with his parents and lawyers regarding a recent filing he sent from prison, but claimed to be the ”ultimate author of the documents 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.

The ex-FTX CEO said he consulted with his parents and lawyers regarding a recent filing he sent from prison, but claimed to be the ”ultimate author of the documents.”

Key Takeaways