Bankman-Fried’s fraud trial begins
FT News Briefing
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The Start of a Landmark Fraud Trial
This chapter outlines the opening of Sam Bankman-Fried's fraud trial, where the defense argues he is mischaracterized as a villain rather than a committed entrepreneur. It highlights the government's case, including testimonies from key witnesses about FTX's operational failures and the trial's potential impact on the cryptocurrency industry.
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