The trial and sentencing of FTX co-founder Sam Bankman-Fried
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Day 1: Sam Bankman-Fried got a haircut and other matters.
The first day of the trial is over, but we haven’t selected a jury yet.
Bankman-Fried, who appeared with a shorter haircut and sporting a suit, wasn’t offered a plea deal because when the government raised the question of plea discussions, the defense said no, said Nicholas Roos, one of the federal prosecutors. Two prospective jurors lost money in crypto, one along with his twin brother; another potential juror’s fiancé lost in crypto as well.
There were a couple Madoff mentions, as well. We should have a jury and opening statements tomorrow.
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