The prosecutor requested that SBF's application for retrial be rejected.

Odaily Planet Daily reports that U.S. prosecutors have urged a judge to dismiss former FTX CEO Sam Bankman-Fried's request for a retrial, arguing that he has failed to present any legally valid new evidence. Bankman-Fried was convicted of fraud and conspiracy by a jury in 2023 and is currently serving a 25-year prison sentence. His mother filed a motion on his behalf in February, arguing that two former FTX executives, Daniel Chapsky and Ryan Salame, failed to testify out of fear of retaliation, and that their presence could have refuted the prosecution's claims. Prosecutors countered in a filing Wednesday that the defense was "fully aware" of the two witnesses' presence before the trial, and that their failure to include them on the witness list or compel their appearance at the time meant they did not constitute new evidence. Prosecutors also stated that even considering this testimony, the outcome would not change given the substantial evidence proving Bankman-Fried directed the transfer of billions of dollars in customer funds to Alameda. Regarding Sam Bankman-Fried's claim that FTX was not insolvent, prosecutors pointed out that FTX held only about 105 BTC in response to claims from customers holding nearly 100,000 BTC, and emphasized that recovering assets through bankruptcy proceedings does not justify criminal activity. Prosecutors also refuted claims of political persecution by the Biden administration, noting that Sam Bankman-Fried was one of the largest Democratic donors in 2020 and 2022, and that his campaign finance irregularities were precisely to facilitate these donations. Sam Bankman-Fried had previously sought a pardon from President Donald Trump, but Trump stated in January that he had no plans to pardon him.