Sam Bankman-Fried, on trial for multiple counts of fraud related to the collapse of his FTX crypto exchange, has denied all the allegations against him. Now, it will be up to the jury to decide whether he acted “in good faith,” as his lawyers maintain, or “lied to the world” as the prosecution argued in their opening statements.
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Explainer-Sam Bankman-Fried's fraud trial - who are the key names?Sam Bankman-Fried's trial places the former billionaire in a Manhattan courtroom alongside prosecutors steeped in financial crimes and political corruption cases, a veteran judge, and former friends and colleagues set to testify against him. Bankman-Fried, 31, has pleaded not guilty to charges of fraud and conspiracy over the November 2022 collapse of the FTX cryptocurrency exchange he founded three years prior. Prosecutors say he stole billions in FTX customer funds to plug losses at Alameda Research, a crypto hedge fund he owned.
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Explainer-Sam Bankman-Fried's fraud trial - who are the key names?By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried's trial places the former billionaire in a Manhattan courtroom alongside prosecutors steeped in ...
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Jury selection resumes at fraud trial for FTX founder Sam Bankman-FriedNEW YORK (AP) — The final stages of jury selection resumed Wednesday at the fraud trial of FTX founder Sam Bankman-Fried in New York City. Opening statements were expected to begin by the early afternoon in Manhattan federal court, where Bankman-Fried has entered not guilty pleas to seven charges. Prosecutors say the California man defrauded thousands of investors and customers in his businesses by siphoning off their money for his own uses. Defense lawyers insist that their client had no crimin
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Jury selection resumes at fraud trial for FTX founder Sam Bankman-FriedThe final stages of jury selection resumed Wednesday at the fraud trial of FTX founder Sam Bankman-Fried in New York City.
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Jury selection resumes at fraud trial for FTX founder Sam Bankman-FriedThe final stages of jury selection resumed Wednesday at the fraud trial of FTX founder Sam Bankman-Fried in New York City.
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$8 Billion Fraud Trial Of Disgraced Crypto King Sam Bankman-Fried BeginsProsecutors allege the 31-year-old stole funds from FTX, a crypto exchange he founded, both for personal use and to cover losses at a separate hedge fund.
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