Prosecutors say they will not pursue second Sam Bankman-Fried trial

(CNBC) Prosecutors have decided not to pursue a second trial against disgraced FTX founder Sam Bankman-Fried. In a note to Judge Lewis Kaplan on Friday, the U.S. government explained that the decision to forego a second set of proceedings had to do with the fact that much of the evidence that would have been presented in a second trial had already been submitted to the Court during Bankman-Fried’s first criminal trial.

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