SBF’s trial has started, this is how he and FTX got here
https://techcrunch.com/2023/10/03/sbf-trial-ftx-lawsuit-everything-you-need-to-know-timeline/
The highly anticipated criminal trial for Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, started Tuesday to determine whether he’s guilty of seven counts of fraud and conspiracy. And as one former federal prosecutor put it: “The odds seem to be stacked against him at this point.”
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.
SBF’s trial has started, this is how he and FTX got here
Tue Oct 3, 4:25pm UTC
https://techcrunch.com/2023/10/03/sbf-trial-ftx-lawsuit-everything-you-need-to-know-timeline/
> The highly anticipated criminal trial for Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, started Tuesday to determine whether he’s guilty of seven counts of fraud and conspiracy. And as one former federal prosecutor put it: “The odds seem to be stacked against him at this point.”
> 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.