SBF’s trial starts soon, but how did he — and FTX — get here?
https://techcrunch.com/2023/10/01/ftx-lawsuit-timeline/
The highly anticipated criminal trial for Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, begins Tuesday to determine whether he’s guilty of seven counts of fraud and conspiracy.
The 31-year-old co-founded FTX in 2019; within a few years the once third-largest crypto exchange’s valuation hit $32 billion at its peak. It’s now trying to claw back any funds to distribute to creditors.
