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Sam Bankman-Fried will not face another trial

FTX was once valued at $32bn (£26bn), but when it went bankrupt in November last year $8bn in customer funds was missing. The jury found him guilty of lying to investors and lenders and stealing billions of dollars from FTX, helping to precipitate its collapse. He was charged with seven counts of fraud and money laundering.Bankman-Fried’s conviction in New York on 2 November concluded a stunning fall from grace for the former billionaire, once known as the “King of Crypto”.Sam Bankman-Fried, who once ran one of the world’s biggest cryptocurrency exchanges and is facing decades in jail, will not face another trial. Do you think that the investors should be refunded back their money before he is jailed for decades ?

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