SBF Trial: Bankman-Fried cannot rely on US unclear crypto regulatory regime in trial, DOJ says
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The U.S. crypto regulatory landscape remains unclear as the authorities are yet to formulate laws catering to the industry.
Oluwapelumi Adejumo 2 min read
The first day of the SBF trial concluded with several potential jury members being dismissed and the selection process is expected to continue for another day before the trial begins in full.
The ruling sets the stage for a final courtroom showdown between Ripple and the regulator in April 2024.
Unlike some of his associates, who have pled guilty in exchange for leniency, Bankman-Fried received no such offers.
The government has charged Mashinsky on multiple counts, including wire fraud, securities fraud and more.
Sam Bankman-Fried's trial will begin today, Oct. 3, with jury selections.
Class action lawsuit filed by FTX customer alleging market manipulation by Binance.
Defense of crypto tycoon makes final plea before trial, challenging legal rulings and evidence.
Once an industry poster boy, Sam Bankman-Fried is accused by government prosecutors of orchestrating one of the biggest scams in modern history.