🔥The trial of former FTX CEO Sam Bankman-Fried has begun! He is charged with fraud and conspiracy to defraud. If convicted, he faces more than 100 years in prison.
- On the first day of the trial, two witnesses spoke: Mark Julliard, who lost 4 bitcoins, and Adam Yedidia, a friend of Sam and a former employee of Alameda and FTX.
- The prosecution uses FTX advertising campaigns, celebrities and Sam's tweets as evidence of deceiving customers.
- The defense says there's nothing wrong with hiring Tom Brady to advertise and going bankrupt during a down market.
Stay tuned to Cointelegraph for updates!
- On the first day of the trial, two witnesses spoke: Mark Julliard, who lost 4 bitcoins, and Adam Yedidia, a friend of Sam and a former employee of Alameda and FTX.
- The prosecution uses FTX advertising campaigns, celebrities and Sam's tweets as evidence of deceiving customers.
- The defense says there's nothing wrong with hiring Tom Brady to advertise and going bankrupt during a down market.
Stay tuned to Cointelegraph for updates!