The SBF Trial: How Did We Get Here?
CoinDesk
19 Sep 2023 11:00 AM
Sam Bankman-Fried is two weeks away from trial. His next hope is a sympathetic jury....
- Sam Bankman-Fried, the former CEO of FTX, is facing charges of wire fraud and conspiracy to commit various other frauds.
- If convicted, he could face years or even decades in prison.
- Bankman-Fried's trial is about to begin, and he will try to prove his innocence.
- The defense team argues that the charges brought against him are premature and cannot be brought at this time due to international extradition treaty obligations.
- Prosecutors will present evidence from FTX's systems and balance sheets, as well as testimonies from former colleagues, to build their case against Bankman-Fried.
- The defense will attempt to challenge the evidence and poke holes in the prosecution's case.
- Jury selection is currently underway, with both the defense and prosecution trying to find jurors sympathetic to their respective cases.
- Appearance and perception play a significant role in Bankman-Fried's public image, with the defense team's proposed questions about appearances being criticized by the government.
The article provides a neutral tone, presenting the facts and developments of Sam Bankman-Fried's trial without expressing a clear opinion.