sam bankman fried
FTX founder Sam Bankman-Fried is questioned by defense lawyer Mark Cohen during his fraud trial.
  • A US District Judge allowed Sam Bankman-Fried to retain new attorneys despite a conflict of interest.
  • Marc Mukasey and Torrey Young also represent the former CEO of Celsius Network, which lent to Alameda Research.
  • Bankman-Fried was found guilty of seven counts of fraud and conspiracy and is expected to appeal.

US District Judge Lewis Kaplan ruled that Sam Bankman-Fried could retain his new lawyers despite a noted conflict of interest.

In Manhattan federal court on Wednesday, Bankman-Fried assured Kaplan he was of sound mind as he sat flanked by the attorneys in question, Marc Mukasey and Torrey Young.

Questioned thoroughly by Kaplan, Bankman-Fried affirmed that he wanted to keep his new attorneys, waiving his right to "conflict-free representation," as Kaplan put it.