Second Trial Unlikely for Ex-FTX CEO, Sam Bankman-Fried - U.S. Prosecutors
Summary:
This article discusses the slim chances of former FTX cryptocurrency exchange CEO, Sam Bankman-Fried, facing a second trial, according to U.S. prosecutors. Quick trial resolution is desired by many stakeholders and little new evidence exists. The verdict is expected on March 28, 2024. The article is ongoing and will be updated as new details emerge.
In recent reports, U.S. legal representatives indicated that the likelihood of ex-FTX cryptocurrency exchange chief, Sam Bankman-Fried, facing a second trial seems slim. Reuters relayed on December 29 that numerous interested parties are keen to expedite the trial's conclusion. They also reported that there’s a dearth of fresh evidence to introduce since the bulk of evidence was disclosed during the preliminary trial. The day earmarked for Bankman-Fried's judgement is March 28, 2024. This news piece is continuously evolving and will be updated with fresh information as and when it transpires.
Published At
12/30/2023 3:51:37 AM
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