FTX founder Sam Bankman-Fried, who was found guilty of fraud by stealing from his customers, will not face a second trial.
Prosecutors told a US federal court that they do not intend to hold a second trial against Bankman-Fried as the evidence that would be presented during the second trial would be the same as already entered during the first one.
The 31-year-old billionaire’s sentencing is due in March and is likely to include orders of forfeiture and restitution for victims of his crimes.
If I read this correctly he will not face trial for the illegal campaign finance charges.
