FTX founder Sam Bankman-Fried won't face second trial
Shortpedia
Content Team
Image Credit: NDTV
Sam Bankman-Fried, co-founder of FTX crypto exchange, won't face a second trial after being found guilty of fraud and money laundering last month. Prosecutors said the "strong public interest" in a resolution of their case against Bankman-Fried outweighed the benefits of a second trial. The former billionaire faced six charges that had been separated from his first trial. These included campaign conspiracy to commit bribery, conspiracy to operate an unlicensed money-transmitting business, and finance violations.
