FTX on Trial

Inception Point Ai

FTX on Trial is a news podcast hosted by Inception Point Ai. It has 28 episodes, with the latest published April 2024.

This is the FTX on Trial podcast and here are the Updates from the Sam Bankman-Fried trial:Jury selection began on Tuesday, October 3, 2023, and is expected to last several days. The trial itself is expected to last up to six weeks.Bankman-Fried is facing seven counts of fraud and conspiracy, including wire fraud, money laundering, and securities fraud. He is accused of defrauding FTX customers and investors by misrepresenting the company's financial condition and using customer funds to prop up his hedge fund, Alameda Research.Bankman-Fried has pleaded not guilty to all charges. His lawyers have said that he made mistakes but did not commit any crimes.The prosecution is expected to call a number of witnesses, including former FTX employees, customers, and investors. The defense is also expected to call witnesses, including experts on cryptocurrency and financial markets.The trial is being closely watched by the cryptocurrency industry and by financial reg

news ·en ·28 episodes