Crypto-crook Sam Bankman-Fried spared a second trial

US prosecutors in the Southern District of New York will not pursue a second trial against Sam Bankman-Fried, citing overlap with his October 2023 conviction and prioritizing a swift resolution before a March 2024 sentencing that may include forfeiture and restitution. The filing reiterates his seven guilty counts—wire fraud and related conspiracies, commodities and securities fraud conspiracies, and money laundering—and recounts allegations that FTX customer funds were diverted to Alameda Research and used for political donations, while a campaign finance charge was not pursued due to extradition limits set by The Bahamas.