Sam Bankman-Fried will not face second trial after multibillion-dollar crypto fraud conviction
GuardianJUL 2023
Prosecutors Drop Plans for Second Trial of Bankman-Fried
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The Spin
Republican narrative
As the Biden administration opts to drop campaign finance charges against one of the main Democrat donors of 2022, it has become undeniable that America possesses a two-tiered justice system, with political allegiance playing a decisive role.
Democratic narrative
A second trial of SBF is simply not necessary, as proceedings would be based on duplicated evidence that can be considered in the judge's sentencing. In fact, a second trial would actually be counterproductive in the pursuit of justice because it would delay forfeiture and restitution orders for his victims.
Metaculus Prediction
There's a 50% chance that Sam Bankman-Fried will be sentenced to at least 291 months in prison before 2026, according to the Metaculus prediction community.
