📢 DOJ says "Nice try!" to former FTX CEO Sam Bankman-Fried (SBF) as he faces criminal charges. SBF's lawyers argued that FTX wasn't regulated in the US, but the DOJ called this irrelevant, stating that existing laws still prohibit stealing customer assets. SBF is currently in jail, facing multiple charges including wire fraud and misappropriation of funds. Despite pleas for bail due to lack of internet and vegan meals, SBF remains behind bars. Jury trial began on Oct. 3, with trials expected to last up to six weeks. Trust in crypto exchanges? You decide! 🤔