Ex-crypto star Bankman-Fried faces US trial

By Agence France-Presse

Sep 30, 2023 12:17 am

NEW YORK CITY: Sam Bankman-Fried, once the most respected face of cryptocurrency, goes on trial on Tuesday in federal court facing seven counts of fraud that could see him spend decades in prison.

The curly haired graduate of the Massachusetts Institute of Technology in just a few years turned his FTX platform into the world's second-biggest crypto exchange, propelling him to become the tech world's latest out-of-the-blue billionaire.

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