"U.S. Prosecutors Decide Against Second Trial for FTX's Sam Bankman-Fried"
TL;DR Summary
Prosecutors have advised against a second trial for FTX founder Sam Bankman-Fried, who was convicted of fraud in November, arguing that it would be redundant and delay restitution for victims. Bankman-Fried, facing decades in prison, had additional charges dropped due to extradition technicalities, but prosecutors believe these charges would not extend his sentence and have included related evidence in the initial trial. Sentencing is scheduled for March 28.
- Prosecutors: No Need for 2nd Trial of FTX Founder Newser
- US prosecutors opt out of second trial for crypto tycoon Sam Bankman-Fried Al Jazeera English
- FTX Founder Sam Bankman-Fried Won't Face Second Criminal Trial, U.S. Prosecutors Say CoinDesk
- Bankman-Fried Won't Face Second Trial on Remaining Charges Bloomberg
- Prosecutors say they will not pursue second Sam Bankman-Fried trial CNBC
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