We’re coming on a year since the collapse of what was once venture capitalists’ favorite crypto exchange: FTX. And now, in just two weeks time, the criminal trial of infamous crypto founder Sam Bankman-Fried will commence in New York, where jurors will hear about the most spectacular startup collapse in history, and decide how much its founder, SBF, is to blame.
Bankman-Fried is being charged with seven counts of fraud and money laundering. He has pled not guilty on all counts and has been awaiting trial from the Metropolitan Detention Center in Brooklyn (no longer from his parents’ home on the Stanford University campus), after a judge revoked his bail in August on the grounds SBF was allegedly trying to tamper with witnesses.
