Latest Update – Trial of Former FTX CEO Sam Bankman-Fried [Day 1]

THE ancient FTX CEO faces Seven account of conspiracy And fraud. A New York court will decide her destiny.

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Cointelegraph journalists are on THE ground In New York For THE trial of ancient FTX CEO Sat Bankman-Fried. As THE saga takes place, check below For THE last updates.

October. 3: SBF trial begin

THE trial of Sat Bankman-Fried began on October. 3 with jury selection. Bankman-Fried East accused with Seven account of conspiracy And fraud In connection with THE collapse of FTX, THE cryptocurrency exchange he co-founded. He has pleaded not guilty has all charges. THE case East be heard by Judge Louis Kaplan, WHO has chaired on A long list of other high profile case, including those involving detainees has Guantanamo Bay, THE Gambino crime family, Prince Andrew And Donald Trump.

Bankman-Fried was order has be imprisoned on August. 11 After Kaplan find that her sharing of ancient Alameda Research CEO Caroline Ellison's staff papers was rising has witness intimidation. Alameda Research was A trade House Also based by Bankman-Fried. Previously, he had has been below House Stop In her parents' House In Stanford, California, on A $250 million deposit.

[embedded content] December: SBF stopped

Bankman-Fried was stopped In THE United States on her arrival Since THE Bahamas on Dec. 21, 2022. He had has been stopped In THE Bahamas on Dec. 12 After THE WE. government officially notified that country of charges THE WE. was deposit against him. He declared her intention has struggle extradition Since THE Caribbean nation but amended her ...