Judge Kaplan rejects SBF's bid for a new trial, calls claims 'wildly conspiratorial'.

U.S. District Judge Lewis Kaplan has denied Sam Bankman-Fried's motion for a new trial, dismissing the arguments as 'wildly conspiratorial' and characterised the effort as an attempt to rehabilitate his public image rather than a legitimate legal challenge.

The ruling closes another door for the convicted FTX founder, who is serving a 25-year sentence following his 2023 conviction on fraud and conspiracy charges. Kaplan's sharp language signals the court has little patience for post-conviction manoeuvring dressed up as procedural grievance.

For the broader crypto industry, the finality of the ruling reinforces that the FTX chapter is legally settled — even if its reputational shadow over the space continues to fade slowly.