FTX founder Sam Bankman-Fried will not stand trial a second time after federal prosecutors in New York said Friday they would not prosecute the disgraced crypto executive on charges he made unlawful campaign contributions. The charge was severed from the rest of the case when Bankman-Fried was convicted at trial in November. Prosecutors said in a letter to the court Friday evening "it does not plan to proceed with a second trial," which had been scheduled to start in March. PHOTO: FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. Prosecutors say Sam Bankman-Fried will not face a 2nd trial originally appeared on abcnews.go.com

Source: ABC News December 30, 2023 12:30 UTC