FTX founder Sam Bankman-Fried arrived for the first day of his criminal trial with a new haircut. What he heard first from some prospective jurors were familiar stories about how their crypto investments went bad.
The crypto commentary from the jury pool was an early reminder of the public-perception challenges facing the 31-year-old entrepreneur as he tries to defend himself against charges that he embezzled billions in FTX customer funds, committed money laundering, and misled investors and lenders. Judge Kaplan, who oversees the trial that started Tuesday, tried to simplify the proceedings for jurors: He said Bankman-Fried is accused of defrauding people who bought and sold cryptocurrency products on FTX’s exchanges.Those transactions, the judge said, happened "kind of in the way that people can buy and sell stocks on the New York Stock Exchange."A sketch of US Judge Lewis Kaplan presiding over the fraud trial of Sam Bankman-Fried on Tuesday in New York City.
Some said they had read news stories and listened to podcasts about FTX and its collapse. One member of the pool recalled listening to Joe Rogan’s podcast, and referred to Rogan as someone who had studied the matter. MOREAU, N.Y. — A 9-year-old girl who vanished during a family camping trip in upstate New York was “safe and in good health” Monday after a massive two-day search ended with her rescue and the arrest of a person suspected in her abduction, police said. Charlotte Sena disappeared while riding her bike early Saturday evening at Moreau Lake State Park, a heavily wooded area some 35 miles north of Albany. Gov.
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