Jury selection is set to begin Tuesday in the highly anticipated trial of Sam Bankman-Fried, who prosecutors allege defrauded investors in FTX, the cryptocurrency exchange he co-founded. Bankman-Fried has pleaded not guilty to the charges, which include wire and securities fraud as well as money laundering, and and, if convicted, could spend the rest of his life in prison. CBS News Senior Business and Tech Correspondent Jo Ling Kent reports on the once-revered wunderkind’s fall from grace.
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Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-FriedSam Bankman-Fried once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency.
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Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-FriedSam Bankman-Fried once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency
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Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-FriedSam Bankman-Fried once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency.
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Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-FriedSam Bankman-Fried once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency.
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Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-FriedSam Bankman-Fried once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency.
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FTX Founder Sam Bankman-Fried's trial begins Tuesday with jury selectionFor a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn't, in reality, the next Bernie Madoff.
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