HK FTX Trading Ltd (Futures Exchange) – Page 7

What to Know About Sam Bankman-Fried’s Fraud Trial

Mr. Bankman-Fried is accused of orchestrating a vast scheme to siphon billions of dollars of FTX customer money.

“Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried’s rise and fall.

Crypto insiders, who have been trying to distance themselves from the FTX founder, are united in their zeal to see Mr. Bankman-Fried held to account.

The FTX founder’s uphill court battle starts Tuesday, after he has come to symbolize everything that went wrong with the cryptocurrency industry.

FTX’s demise and its leader’s upcoming trial haven’t stopped a major lobbying push by the industry this week, but the events have changed its tone.