Former FTX CEO Sam Bankman-Fried Chooses Not to File Post-Trial Motions, Focus Shifts to Sentencing and Potential Second Trial

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Cointime2023/12/01 22:09

By:Cointime

Sam Bankman-Fried, the ex-CEO of FTX, has decided not to file any post-trial motions and his legal team may pursue claims on appeal after his conviction on seven federal fraud charges. His sentencing is scheduled for March 28, and there is uncertainty about the prosecution's plans for a second trial initially slated for March. Bankman-Fried's incarceration has become a focus in the crypto community's ongoing legal narrative, highlighting the increasing legal scrutiny facing prominent figures in the cryptocurrency industry.

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