Sam Bankman-Fried’s criminal trial is officially underway. The first week brought bombshell witness testimony from former FTX insiders and provided glimpses into how SBF’s crypto empire came crashing down.
Posted October 7, 2023 at 4:40 pm EST.
Sam Bankman-Fried’s criminal trial is officially underway. The 31-year-old former FTX CEO is accused of committing wire fraud and conspiracy to commit other types of fraud. He has pleaded not guilty and may face a lengthy jail sentence.
The whirlwind first week saw jury selections, evocative opening statements from the defense and prosecution, and powerful witness testimonies that offered contrasting pictures of Sam Bankman-Fried and why his powerful crypto empire came crashing down.
Get caught up on the key things that have happened in the trial so far, including:
- Sam Bankman-Fried’s courtroom makeover
- Whether potential jurors knew a lot or a little about crypto and the case
- Why SBF’s former roommate was concerned about the debt owed by Alameda to FTX
- Testimony from FTX cofounder Gary Wang revealing the tangled relationship between FTX and Alameda Research.
Stay tuned for our in-depth coverage of the trial, and get caught up on our previous coverage:
- SBF Trial, Day 4: SBF’s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda’s Special Privileges
- SBF Trial, Day 3: Long-Time Friend Says, ‘FTX Defrauded All of Its Customers’
- SBF Trial, Day 2: DOJ: Sam Bankman-Fried ‘Lied’ His Way to ‘Wealth, Power, and Influence’
- SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF’s Family
- Here’s How Sam Bankman-Fried’s High-Stakes Trial Could Play Out
- SBF Trial: How Sam Bankman-Fried’s Lawyers Might Try and Win His Case
- The High-Stakes Trial of Sam Bankman-Fried Begins: What to Expect
- In the SBF Case, Elite Corruption Is What’s Really on Trial
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://unchainedcrypto.com/sam-bankman-fried-trial-sbf-ftx-trial-recap-court-summary/
- :has
- :is
- :not
- $UP
- 1
- 2023
- 27
- 40
- 7
- a
- About
- About Crypto
- accused
- Alameda
- ALAMEDA RESEARCH
- All
- and
- At
- Bankman-Fried
- between
- Big
- brought
- by
- came
- case
- caught
- ceo
- cofounder
- commit
- committing
- concerned
- Conspiracy
- Corruption
- could
- coverage
- Crashing
- Criminal
- crypto
- day
- Debt
- Defense
- defrauded
- DoJ
- down
- elite
- Empire
- everything
- Face
- far
- First
- For
- Former
- Former FTX CEO
- fraud
- friend
- from
- FTX
- FTX CEO
- Gary
- Gary Wang
- get
- Glimpses
- guilty
- happened
- Have
- he
- here
- his
- How
- HTTPS
- in
- in-depth
- include
- Including
- into
- ITS
- jail
- jpg
- judge
- judge Kaplan
- Key
- Lawyers
- little
- Lot
- May..
- might
- names
- october
- of
- offered
- Officially
- on
- opening
- or
- Other
- our
- Pictures
- plato
- Plato Data Intelligence
- PlatoData
- Play
- pm
- possible
- posted
- potential
- power
- powerful
- previous
- PROSECUTION
- provided
- really
- relationship
- research
- revealing
- Reveals
- s
- Sam
- Sam Bankman-Fried
- saw
- says
- SBF’s
- sentence
- So
- so Far
- special
- statements
- testimony
- that
- The
- things
- to
- trial
- try
- types
- Underway
- was
- Way..
- week
- What
- while
- whirlwind
- why
- win
- Wire
- Wire Fraud
- witness
- zephyrnet