"Sam Bankman-Fried Escapes Second Trial as Prosecutors Decline Further Charges"

1 min read
Source: Bitcoinist
"Sam Bankman-Fried Escapes Second Trial as Prosecutors Decline Further Charges"
Photo: Bitcoinist
TL;DR Summary

Robert F. Kennedy Jr., a pro-Bitcoin presidential candidate, has suggested that corruption may be the underlying reason for the US government dropping six charges against FTX founder Sam Bankman-Fried. Kennedy believes that the system's corruption is a more significant issue than the alleged fraud by SBF. Despite the dropped charges, Bankman-Fried's sentencing is still set for March 28, 2024, with legal experts predicting a potential prison term of over 20 years. However, Kennedy's comments raise the possibility of a lighter sentence, although Judge Lewis Kaplan has so far shown an unbiased stance in pre-trial rulings.

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