#FTX #Spotlight

Prosecutors Say Sam Bankman-Fried Will Not Face A Second Trial

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