A US court has abandoned plans to hold a second round of trial against former FTX Group head Sam Bankman-Fried on a list of charges presented by prosecutors in the Bahamas.
Prosecutors in the Bahamas have charged Sam Bankman-Fried with bribing foreign officials, committing bank fraud and operating an unlicensed business.. However, as reported by Bloomberg, US District Judge Lewis Kaplan declined to hold a second trial against Bankman-Fried.
A court spokesman said the allegations from prosecutors in the Bahamas, from where Bankman-Fried was extradited to the United States, had already been presented at the original trial and could be taken into account by the judge at the final sentencing, scheduled for March 28 next year..
Let us recall that Sam Bankman-Fried was previously found guilty of all charges.. Taken together, the former head of FTX Group faces up to 115 years in prison.