S.B.F. Is Out of Options

Sam Bankman Fried
Incredibly, Sam has succeeded in ticking off most of the items on his image-rehab punch list, albeit from prison. Photo: Michael M. Santiago/Getty Images
William D. Cohan
May 3, 2026

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Sam Bankman-Fried is running low on cards to play. Two weeks ago, the imprisoned FTX founder abandoned his do-it-yourself motion for a new trial—reasoning, somewhat belatedly, that Judge Lewis Kaplan, who conducted the trial resulting in Sam’s conviction and 25-year sentence for fraud and conspiracy, would probably not give him a mulligan. Sam asked to withdraw his motion “without prejudice,” essentially reserving his right to ask for a new trial at a later date. But Kaplan, as I’ve reported, seems to have had it with S.B.F.—his lack of contrition, P.R. campaigns, meddling family members, and insistence that the trial was rigged. And on Tuesday, he threw the book at him.