[Hot Topics] SBF trial kicks off! On October 4, after jury selection, the SBF trial officially began, with both the prosecution and defense presenting their opening arguments. The U.S. Department of Justice (DOJ) brought serious charges against SBF, alleging that he intentionally defrauded investors for personal gain. The defense claimed that SBF was just a young entrepreneur who made "unsuccessful" business decisions, and denied that there were secret transactions or backdoors to steal customer funds between Alameda and FTX. On the first day of the trial, the jury heard testimony from two witnesses, one of whom was a former client of FTX and the other a friend of SBF who had worked at Alameda Research and FTX. What do you think? Welcome to chat in the comment area! At the same time, don’t forget to follow us on Twitter and subscribe to Telegram to get more cryptocurrency market updates!