The extremely anticipated trial of Sam Bankman-Fried, the founding father of FTX, kicks off right this moment (3 September) within the Manhattan federal court docket.
It’s anticipated to final six weeks.
Sam Bankman-Fried, generally often called SBF, stands accused of defrauding quite a few outstanding buyers worldwide, along with hundreds of thousands of shoppers who positioned their belief in his FTX cryptocurrency alternate.
Allegations of pilfering billions of {dollars} entrusted to his care have additional compounded the gravity of the state of affairs.
The aftermath of FTX’s staggering $40bn chapter in November 2022 has been characteri…
