FTX founder Bankman-Fried, 30, has been under house arrest at his parents' California home after pleading not guilty.
The cryptocurrency market floundered in 2022, as risk appetite diminished and various crypto firms collapsed.
The Amazfit GTR Mini smartwatch will reportedly feature over 120 sports modes with activity recognition support.
US federal prosecutors had urged the court to impose a 13-year prison term on My Big Coin founder Randall Crater.
In the Economic Survey 2022-23, citing the FTX collapse, the government has highlighted how the crypto market has proved to be filled with risks.
The volatility of the crypto asset ecosystem has brought to the forefront their fragile backing and governance problems, said the survey.
Manu Jain spearheaded the launch of Xiaomi in India in 2014.