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The Independent UK

National

Larry Neumeister

Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried

Sam Bankman-Fried FTX Cryptocurrency Crypto Alameda Research

Copyright 2023 The Associated Press. All rights reserved.

Sam Bankman-Fried, a tech wunderkind who once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency, faces the start of a criminal trial over allegations that he cheated thousands of customers.

Jury selection begins Tuesday in New York in a case in which the 31-year-old crypto mogul, once a billionaire, faces the possibility of a long prison term.

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