Sam Bankman-Fried’s trial set to start following not responsible plea – CBS Information
Jury choice is about to start Tuesday within the extremely anticipated trial of Sam Bankman-Fried, who prosecutors allege defrauded traders in FTX, the cryptocurrency trade he co-founded. Bankman-Fried has pleaded not responsible to the costs, which embrace wire and securities fraud in addition to cash laundering, and and, if convicted, may spend the remainder of his life in jail. CBS Information Senior Enterprise and Tech Correspondent Jo Ling Kent studies on the once-revered wunderkind’s fall from grace.
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