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ChainCatcher reports that SBF sent a letter to New York Judge Lewis Kaplan, announcing the temporary withdrawal of his Rule 33 motion for a retrial. SBF stated that he needs to focus on answering the judge's questions regarding whether his lawyers participated in drafting the motion, and believes he cannot receive a fair hearing before this judge. Therefore, he decided to withdraw the motion. He plans to retain the right to resubmit the motion after a ruling is made on his direct appeal and related request for reassignment of the judge. Previously, SBF was sentenced to 25 years in prison for defrauding customers and investors. In his letter, he confirmed that the motion was mainly based on his independent legal research and drafting while in Brooklyn jail, with his parents only providing editorial suggestions and assisting with printing.

According to Bloomberg, Devin Nunes, CEO of Trump Media & Technology Group, resigned on Tuesday evening, and Kevin McGurn was appointed as interim CEO. The company’s stock price has fallen about 90% from its early 2022 high of $97.54, closing at $9.73 on Wednesday, with a market capitalization of approximately $2.7 billion. The company’s annual revenue is only $3.7 million, with losses amounting to hundreds of millions of dollars. Trump Media is the parent company of Truth Social and has expanded its business into areas such as prediction markets and cryptocurrency, but has failed to attract interest from retail investors.

LME copper strongly broke through $13,400 to reach a seven-week high! Is sulfuric acid shortage becoming the new driving force behind the copper price surge? How much longer can the current rally last? Click to read.