SBF2026-07-23 10:10:15SBF Withdraws New Trial Motion, Says He Does Not Trust Judge Kaplan to Hear It FairlySam Bankman-Fried has withdrawn his Rule 33 motion for a new trial without prejudice, saying he does not believe Judge Lewis Kaplan would give him a fair hearing. He is still pursuing recusal and a direct appeal to the Second Circuit.710
SBF2026-07-08 18:00:15Judge Denies Sam Bankman-Fried’s Bid for New Trial, Calls Claims ‘Baseless’; 25-Year Sentence StandsFederal Judge Lewis Kaplan rejected Sam Bankman-Fried's motion for a new trial under Rule 33, dismissing his claims of new evidence as 'baseless.' SBF's attempt to withdraw the motion was also denied; his 25-year sentence and appeal remain.450
Bitcoin2026-07-02 14:45:14Chinese Woman Pleads Guilty in UK Bitcoin Laundering Case Involving 61,000 BTC Worth Nearly $7 BillionOn the first day of her trial at Southwark Crown Court in London, 47-year-old Chinese national Qian Zhimin (also known as Zhang Yadi) pleaded guilty to possessing and transferring criminal property under the Proceeds of Crime Act 2002. The case stems from one of the largest cryptocurrency seizures ever, with British police confiscating over 61,000 BTC, currently valued at approximately £5.1 billion ($6.7 billion). The funds are allegedly linked to a massive Chinese investment fraud that defrauded about 128,000 victims between 2014 and 2017. Qian fled China after her company, Tianjin Lantian Gerui Electronic Technology Co., collapsed following China's 2017 crypto crackdown. She attempted to launder the proceeds in the UK through property purchases, aided by accomplice Jian Wen, who was previously jailed for facilitating the movement of 150 BTC. The trial, expected to last 12 weeks, will feature Chinese police officers testifying in person and victims testifying remotely from a court in Tianjin.720
