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- Sam Bankman-Fried Trial Begins as FTX ‘Hero’ Transforms into Defendant Claiming to Have No Soul
Sam Bankman-Fried Trial Begins as FTX ‘Hero’ Transforms into Defendant Claiming to Have No Soul
by Sean Moran Breitbart.com
The trial of disgraced former FTX CEO and Democrat mega donor Sam Bankman-Fried began on Tuesday as the public sees the tech guru once seen as the “next Warren Buffett” transform into an indicted defendant who told his former girlfriend, “In a lot of ways I don’t really have a soul.”
Bankman-Fried faces seven counts of fraud, conspiracy, and money laundering on his alleged use of FTX customer funds on the digital currency trading platform to cover the losses at his hedge fund, Alameda Research. He also reportedly used those funds to purchase real estate and cover other personal expenses. The former crypto CEO has pled not guilty to all counts and he could face a sentence of up to 110 years in prison.