Opening arguments start Wednesday as Sam Bankman-Fried stands trial accused of orchestrating one of the biggest financial frauds in American history. At his peak, he was the crypto industry’s golden boy. He had $16 billion and a digital assets empire.
Before opening arguments, the jury that will decide the fate of Bankman-Fried will be selected. Forty-six potential jurors returned to the Manhattan federal courthouse this morning. Once they present a short biographical summary, lawyers will decide on 12 jurors and six alternates.
The 31-year-old FTX co-founder arrived in the courtroom wearing a suit and tie. After opening statements, prosecutors are expected to call in their first ...
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