Cryptopolitan
2023-12-30 09:58:11

Former FTX CEO Sam Bankman-Fried is unlikely to face a second trial

United States prosecutors have signaled that it is improbable that Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, will face a second trial. The decision comes after Bankman-Fried was found guilty of seven fraud charges in November 2023 relating to the collapse of FTX in November 2022. In a recent court filing,

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