By Ramishah Maruf, CNN New York (CNN) — US prosecutors submitted a letter to a New York federal court Friday saying that they don’t plan to proceed with a second trial against Sam Bankman-Fried, the disgraced founder of crypto exchange FTX.
A second trial of FTX founder Sam Bankman-Fried on charges not in the cryptocurrency fraud case presented to a jury that convicted him in November is not necessary, prosecutors told a judge Friday.
Prosecutors have decided that the public interest in speedy resolution of Sam Bankman-Fried's criminal proceedings outweighs the benefits of putting the disgraced crytpo mogul through a second trial.
Federal prosecutors have told a New York judge that they will not proceed with a second trial of FTX founder Sam Bankman-Fried on charges not in the case presented to a jury that convicted him in November.
Federal prosecutors have told a New York judge that they will not proceed with a second trial of FTX founder Sam Bankman-Fried on charges not in the case presented to a jury that convicted him in November. Prosecutors told U.S. District Judge Lewis A.
US prosecutors have told a federal court that a second trial in Sam Bankman-Fried's case would go against the "strong public interest in a prompt resolution" of the case.
Fallen cryptocurrency king Sam Bankman-Fried won’t face a second trial on additional charges after the co-founder of FTX was convicted of a massive fraud last month, prosecutors told a judge.
Prosecutors said that in the interest of expediency they would drop plans to try Bankman-Fried for other charges after his fraud conviction last month.
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Prosecutors say they will not pursue second Sam Bankman-Fried trial | Since Then
