FTX founder Sam Bankman-Fried begins the fight for his freedom


Source: ca.finance.yahoo.com ca.finance.yahoo.com

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FTX founder Sam Bankman-Fried presided over the largest crypto collapse in history. Now he is about to start fighting to stay out of prison for the rest of his life. On Tuesday, a criminal trial begins in Manhattan that will decide whether the 31-year-old entrepreneur embezzled billions in customer funds to prop up his ailing crypto hedge fund, committed money laundering and misled investors and lenders. Bankman-Fried has pleaded not guilty to the charges. He also faces a separate set of criminal charges in another trial scheduled to begin in March. Convictions on all counts could mean a sentence of...