Sam Bankman-Fried’s trial begins: Live updates
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The trial of former FTX CEO Sam Bankman-Fried is about to begin in a New York courtroom. The former crypto executive is being tried on multiple fraud charges during a trial expected to last six weeks.
Day one begins with jury selection. Blockworks reporters Casey Wagner and James Cirrone have decamped to the Manhattan courthouse to provide live updates.
Bankman-Fried’s $250 million bond was revoked after Judge Lewis Kaplan sided with the government. The prosecution alleged that SBF leaked diary entries from his ex-colleague — as well as ex-girlfriend’s — diary to a New York Times reporter in an attempt to discredit her testimony ahead of trial.
Even though the trial is underway, both the defense and the government continue to squabble over testimonies. Bankman-Fried’s lawyers filed a letter with the judge on Monday arguing to exclude some witness testimonies.
This is a developing story.
Blockworks reporters Casey Wagner and James Cirrone are covering Sam Bankman-Fried’s trial from the courtroom in New York. Follow for instant trial updates on their X accounts.
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Follow Sam Bankman-Fried’s trial with the latest news from the courtroom.