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- FTX founder Sam Bankman-Fried will not face a second trial, prosecutors say
FTX founder Sam Bankman-Fried will not face a second trial, prosecutors say

US prosecutors do not plan to conduct a second trial against Sam Bankman-Fried, who already faces decades in prison over his fraud and conspiracy convictions over the FTX scandal, with prosecutors stating the "strong public interest" in a prompt resolution of the case outweighed the benefits of a second trial.