FTX Founder Sam Bankman-Fried Received’t Face 2d Trial: US Prosecutors
Bankman-Fried is anticipated to be sentenced in March 2024.
Brandnew York:
U.S. prosecutors mentioned on Friday they don’t plan to advance with a 2nd trial in opposition to Sam Bankman-Fried, who was once convicted latter presen of stealing from consumers of his now-bankrupt FTX cryptocurrency alternate.
In a letter filed in federal courtroom in Long island, prosecutors mentioned a lot of the proof that might be introduced at a 2nd trial was once already offered on the first trial, and there was once a “strong public interest in a prompt resolution” of the topic.
Bankman-Fried is anticipated to be sentenced in March 2024.
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