US prosecutors ask court to deny SBF retrial request

U.S. prosecutors have argued that a request for a new trial by FTX co-founder Sam Bankman-Fried (SBF) should be denied, Bloomberg reported. They contend that SBF has failed to prove his conviction was unjust. SBF filed for a retrial early last month, claiming that newly obtained testimony could influence the case's outcome. In his initial trial, SBF was sentenced to 25 years in prison and ordered to forfeit $11.02 billion, a verdict that was later overturned on appeal.