US prosecutors will reportedly not pursue a second trial against former FTX CEO Sam Bankman-Fried (SBF).
According to several reports, US prosecutors do not plan to conduct a second trial against Sam Bankman-Fried. Last month, SBF was convicted of stealing funds from customers of the fallen crypto exchange FTX.
“Strong Public Interest” in a Prompt Resolution Outweighs Benefits of a Second Trial
According to reports by Reuters, The Guardian, and CNBC, US prosecutors have decided against pursuing a second trial against former FTX CEO Sam Bankman-Fried. In a letter filed in a federal court in Manhattan, prosecutors stated a “strong public interest” in the prompt resolution of their case against SBF far outweighed the benefits of running a second trial.
Last month, Bankman-Fried was convicted on charges of wire fraud, securities fraud, and conspiracy to commit money laundering. Judge Lewis Kaplan of the New York District will hand down SBF’s sentence on March 28, 2024.
We współpracy z: https://cryptodaily.co.uk/2023/12/prosecutors-say-sam-bankman-fried-will-not-face-a-second-trial
