Posted on 12/30/2023 4:21:42 AM PST by knighthawk
Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange, will not face a second trial on separate charges in the case, including campaign finance violations.
In a letter filed on Friday night in federal court in Manhattan, prosecutors said the 'strong public interest' in a prompt resolution of their case against the 31-year-old former billionaire outweighed the benefits of a second trial.
Prosecutors said that interest 'weighs particularly heavily here,' given that Bankman-Fried's scheduled March 28 sentencing will likely include orders of forfeiture and restitution for victims of his crimes.
(Excerpt) Read more at dailymail.co.uk ...
But they were both crooks. Sam dressed his thievery up as woke altruism. Madoff used his reputation to disguise his thievery. Both were frauds in the end.
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