Sam Bankman-Fried missed his federal hearing today, where his lawyer argued that his original trial was unfair

The Disgraced FTX Founder Skips Federal Hearing, Sparking Outrage in the Crypto Community Sam Bankman-Fried, the notorious former CEO of the collapsed cryptocurrency exchange FTX, failed to attend a crucial federal hearing today, further fueling the controversy surrounding his case. In his absence, Bankman-Fried's lawyer, Alexandra Shapiro, argued that his original trial was unfair, a claim that was met with skepticism from the three-judge panel. The FTX saga has sent shockwaves through the cryptocurrency market, with the exchange's implosion wiping out billions of dollars in investor funds. Bankman-Fried's absence from the hearing has only added to the public's frustration, as the disgraced founder's whereabouts and legal strategy remain shrouded in uncertainty. Despite his no-show, the judges appeared unconvinced by the defense team's arguments, signaling the uphill battle Bankman-Fried faces in his efforts to overturn his conviction. This latest development comes as the broader crypto community continues to grapple with the fallout from the FTX collapse, which has shaken confidence in the industry and prompted calls for stricter regulation. As the legal proceedings against Bankman-Fried progress, the spotlight will remain firmly on the former crypto mogul and the implications of his actions. Investors and enthusiasts alike will be watching closely, hoping to see justice served and the necessary reforms implemented to prevent such catastrophic failures from occurring in the future.