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Trial of former cryptocurrency star Sam Bankman-Fried to start in Manhattan

The ex-CEO and founder of FTX is facing seven conspiracy and fraud counts for allegedly siphoning investors’ money

A federal court in Manhattan will start hearing the case against erstwhile crypto star Sam Bankman-Fried, with jury selection beginning on Tuesday.

Bankman-Fried, who founded cryptocurrency exchange FTX and associated hedge fund Alameda Research, is facing trial on finance crimes stemming from the shocking collapse of FTX.

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Originally posted in the guardian.