Sam Bankman-Fried, the former CEO of FTX, is set to face trial in federal court in Manhattan, starting with jury selection today. The 31-year-old is accused of being the architect behind one of the largest financial crimes in U.S. history, following the bankruptcy of his crypto platform FTX.
The trial comes less than a year after FTX and its hedge fund affiliate, Alameda Research, filed for bankruptcy amid allegations of massive crypto fraud….
Read More: Sam Bankman-Fried in the Dock: A Deep Dive into FTX’s Bankruptcy and Alleged Crypto Fraud
Source:https://cryptonews.com/news/sam-bankman-fried-in-the-dock-a-deep-dive-into-ftxs-bankruptcy-and-alleged-crypto-fraud.htm