Sam Bankman-Fried’s affidavit has arrived. He says his attorneys of record had no input into his motion for a new trial, but that he shared drafts with his parents (both attorneys). “They made editorial and organizational suggestions, some of which I incorporated”
He also writes “As I have had to focus on responding to these questions rather than drafting a response to the prosecution's opposition, and because I do not believe I will get a fair hearing on this topic in front of you, I am now requesting to withdraw the Rule 33 motion” (for a new trial)
![described UST as a stablecoin that would always hold its $1 peg, and those protocols as safe, reliable way to earn 19–40% yield. It didn’t feel like gambling; it felt like the answer we had been praying for. We sold everything at discounted prices: the house, the business, the cars. We scraped together just over $190,000 — every dollar of seventeen years of sacrifice — and in late April 2022 I converted it all to UST and locked it into Anchor and Mirror, trusting the promises that had been repeated for months. Just two weeks later, on May 9, 2022, I watched UST fall off its peg. In panic, I almost sold everything to limit the damage, but then I saw Mr. Kwon’s tweet: “Deploying more capital— steady lads.”. The price started recovering that day. I trusted him again and decided to keep the UST locked. What followed were two weeks of pure terror. The Terra blockchain halted. Mirror Protocol liquidity vanished. I couldn’t withdraw a single cent. When the system finally let me out on May 23, UST was trading below $0.07. Our $190,000 had become less than $13,000. Seventeen years of our lives — gone in two weeks. People say you should never risk money you can’t afford to lose. But this never felt like risk. The founder of the project had called it “too big to fail,” boasted that the Luna Foundation Guard would protect every dollar. To a desperate father trying to feed two families in a foreign country, it sounded like the safest investment ever. The money was only the beginning of the catastrophe. Less than two weeks after the collapse, my wife packed her bags. She could no longer trust that I could keep her and her mother financially safe. A few months later the divorce papers arrived. Our teenage sons chose to stay with me and my parents, to hold what was left of the family together. College was never mentioned again. Both boys quit school and now work as car mechanics to put food on the table. Today I am [redacted]. I live in [redacted] with my elderly parents, taking whatever cash jobs I can find, waiting for a war in my home country to end. My ex-wife lives in another country, babysitting strangers’ children to survive. My sons fix cars instead of studying the engineering degrees they once dreamed of. I cannot return to the United States — there is nothing left for us there: no home, no business, no savings, no future. Everything we built over nearly two decades vanished in May 2022. I never imagined a person I had never met, never spoken to, could destroy my family so](https://storage.mollywhite.net/micro/bc295b997c4a6e98cf8e_Screenshot-2025-12-11-at-4.42.55---PM.png)
