Prosecutors Urge Judge to Reject SBF Retrial Motion as FTX Estate Nears Full Creditor Repayment

On 12 March 2026, prosecutors in the Southern District of New York asked the court to deny Sam Bankman-Fried's latest request for a new trial, describing his arguments as "incoherent" and "fanciful". The motion, filed on his behalf by his mother, claims political targeting and new witnesses, while the FTX bankruptcy estate has recovered over $16 billion and now projects 118–119% payouts on allowed claims by March 31, 2026.