Sam Bankman-Fried's High-Profile Crypto Trial Begins: Meet The 12 People Deciding His Fate
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FTX and Alameda Research founder Sam Bankman-Fried is accused of orchestrating one of the biggest financial frauds in U.S. history.
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Sam Bankman-Fried's father and brother, as well as Donald Trump's former spokesman Anthony Scaramucci, are among possible witnesses at the cryptocurrency exchange founder's fraud trial, according to a list read by a prosecutor in court on Tuesday.
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, is set to face a fraud trial, and potential witnesses include his father, brother, and former White House communications director Anthony Scaramucci. Bankman-Fried is accused of embezzling funds from customers to support his hedge fund, buy luxury properties, and donate to political candidates. He has pleaded not guilty to fraud and conspiracy charges. The trial is expected to last six weeks, and the selection of jurors is currently underway. Bankman-Fried's parents, who are Stanford Law School professors, were recently sued for al...