Key Witnesses and Defense Strategies Revealed in Sam Bankman-Fried's Criminal Trial

1 min read
Source: Reuters
Key Witnesses and Defense Strategies Revealed in Sam Bankman-Fried's Criminal Trial
Photo: Reuters
TL;DR Summary

Sam Bankman-Fried's father, brother, and Anthony Scaramucci, former spokesman for Donald Trump, are among the potential witnesses in the fraud trial of the cryptocurrency exchange founder. The trial, expected to last six weeks, follows the collapse of FTX and allegations that Bankman-Fried embezzled funds from customers to support his hedge fund and personal expenses. Bankman-Fried has pleaded not guilty to seven counts of fraud and conspiracy. The trial will include testimony from former members of Bankman-Fried's inner circle and former FTX lawyers.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

88%

70082 words

Want the full story? Read the original article

Read on Reuters