NEW YORK, Dec 29 (Reuters) - U.S. prosecutors said on Friday they do not plan to proceed with a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange.
In a letter filed in federal court in Manhattan, prosecutors said much of the evidence that would be offered at a second trial was already presented at the first trial, and there was a "strong public interest in a prompt resolution" of the matter.
Bankman-Fried is expected to be sentenced in March 2024. (Reporting by Jonathan Stempel in New York; Editing by Leslie Adler)
