The trial of FTX founder Sam Bankman-Fried entered its second day on Wednesday, when jury selection is expected to wrap and first witnesses could be called.
San Fransicko author Michael Shellenberger says it points to greed as the crypto fraudster stands trial on The Bottom Line.Jury selection is expected to be completed by mid-morning, followed by opening statements from the prosecution and defense, both of which are expected to last around an hour each.
Also on the prosecution's list of potential witnesses are Bankman-Fried's father, Joseph Bankman, and brother, Gabriel Bankman-Fried. FOX Business was told either of them could face hostile questioning on the stand, given both are under suspicion for involvement with Sam Bankman-Fried's alleged criminal activity.
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A fresh haircut and ready for court: Day one of Sam Bankman-Fried's criminal trialFormer crypto titan Sam Bankman-Fried faces charges of fraud and money laundering related to the collapse of his crypto exchange, FTX.
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Latest update — Former FTX founder Sam Bankman-Fried trial [Day 1]The trial of the former FTX CEO began on Oct. 3.
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5 highlights of Sam Bankman-Fried’s first day of trialThe SBF trial kicked off with jury selection but the task still wasn’t completed after a busy first day in the New York courtroom.
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Day 2: We expect opening arguments in the Sam Bankman-Fried trial today.We don’t have a jury yet for the trial of the former crypto CEO, but we will soon. After that, it’s opening arguments and, if I’m lucky, our first witness.
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Day 1: Sam Bankman-Fried got a haircut and other matters.The first day of the trial is over, but we haven’t selected a jury yet. Bankman-Fried, who appeared with a shorter haircut and sporting a suit, wasn’t offered a plea deal because when the government raised the question of plea discussions, the defense said no, said Nicholas Roos, one of the federal prosecutors. Two prospective jurors lost money in crypto, one along with his twin brother; another potential juror’s fiancé lost in crypto as well. There were a couple Madoff mentions, as well. We should have a jury and opening statements tomorrow.
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The Trial of Crypto’s Golden Boy: Jury Selection - The Journal.On the first day of trial, Sam Bankman-Fried debuts a new haircut and the judge begins the process of selecting a jury. WSJ’s Caitlin Ostroff delves into the judge who will preside over this historic trial, and the jury who will determine Bankman Fried’s fate. Further Reading: - Sam Bankman-Fried’s Courtroom Look Spells a Personal Vibe Shift - Crypto Could Be a Mystery to Jurors in Bankman-Fried Case Further Listening: - The Trial of Crypto’s Golden Boy
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