Tuesday, October 3, 2023

First day of SBF trial wraps in New York

The first day of a trial against FTX founder Sam Bankman Fried has
wrapped up in New York City.

The former CEO of the crypto exchange faces seven criminal charges,
including wire fraud and money laundering.

He is accused of using customer's money to fill holes in his hedge
fund, Alameda Research.

Bankman Fried has pleaded not guilty to all seven charges.

Sally Patterson has more from outside the Manhattan courthouse.

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Generic: http://fsnradionews.com/feeds/1003SBF-sp-generic.mp3