The trials of SBF and DJT: Trump isn’t clean on crypto but he did warn us about it
by Lloyd Green from on (#6FBPD)
Two trials - and Michael Lewis's new book on Sam Bankman-Fried - cast light on the everlasting nexus of power and greed
The New York fraud trial of Sam Bankman-Fried kicked off this week. The 31-year-old former crypto billionaire faces two substantive counts of wire fraud, for acts allegedly perpetrated against the customers of FTX, the crypto-futures exchange he founded, and five related counts of conspiracy. If convicted on all charges, he faces up to 110 years in prison.
As fate would have it, his case is being heard a few buildings away from where one Donald J Trump sits on trial for fraud. Like the 45th president - DJT, if you will - SBF has a tough row to hoe.
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