Jury Choice in Sam Bankman-Fried’s Trial Extends Into Second Day

The jury pool for the prison trial of fallen FTX founder Sam Bankman-Fried has been diminished to 50 potential jurors.

Jury Choice In The Sam Bankman-Fried Case Continues For A Second Day

The jury pool for the prison trial of fallen FTX founder Sam Bankman-Fried has been diminished to 50 potential jurors. Picks have been prolonged right into a second day, and 12 jurors will likely be chosen by Wednesday morning. Many potential jurors revealed prejudices because of shedding cash when FTX failed, with some uncertain they might keep goal.

One juror talked about feeling negatively about crypto since studying of FTX. Decide Lewis Kaplan questioned the jurors in the event that they have been conscious of FTX or Alameda, after which two acknowledged having made crypto investments that misplaced cash. Others disclosed ties to associated industries like FINRA and Morgan Stanley. One had even labored for crypto financial institution Silvergate, linked to FTX earlier than it collapsed.

Kaplan informed the jurors to keep away from all media protection of the case, asking if anybody had information of figures associated to the FTX chapter or had seen the 60 Minutes interview with creator Michael Lewis, who had denied the premise that FTX was a Ponzi scheme. Bankman-Fried is going through seven counts of expenses, together with wire fraud, securities fraud and conspiracy to launder cash.

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