US court sets March 11 deadline for response to SBF retrial bid

A U.S. court has ordered the government to formally respond to a request for a retrial from FTX founder Sam Bankman-Fried (SBF) within two weeks. According to Cointelegraph, the Southern District of New York court has mandated that the government submit its response by March 11. SBF filed for a retrial earlier this month, claiming that newly obtained testimony could influence the case's outcome. Previously, SBF was sentenced to 25 years in prison and ordered to forfeit $11.02 billion in his initial trial, but the verdict was overturned on appeal.