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U.S. prosecutors say SBF’s request for a rehearing should be denied.

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On March 12, 2026, U.S. prosecutors told a court that Sam Bankman-Fried’s request for a rehearing should be denied, citing no evidence of an unjust conviction. SBF is serving a 25-year sentence after a 2023 jury found him guilty of fraud related to the FTX collapse. The case has raised concerns about risk-on assets and the need for stronger CFT (Countering the Financing of Terrorism) measures in crypto.

BlockBeats news, on March 12, according to Bloomberg, U.S. prosecutors stated that Sam Bankman-Fried’s application for a retrial should be denied, as he failed to demonstrate any injustice in his conviction.


SBF is serving a 25-year prison sentence after a jury found him guilty of fraud and conspiracy in connection with the collapse of the FTX cryptocurrency exchange in 2023.

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