Sam Bankman-Fried's father, ex-Trump staffer among possible trial witnesses
Sam Bankman-Fried's father and brother, as well as Donald Trump's former spokesman Anthony Scaramucci, are among possible witnesses at the cryptocurrency exchange founder's fraud trial, according to a list read by a prosecutor in court on Tuesday.
Scaramucci, Bankman-Fried's father Joseph Bankman and his brother Gabriel Bankman-Fried were on a list of potential witnesses prosecutor Danielle Sassoon read in court during jury selection at the outset of Bankman-Fried's trial in order to see if any prospective jurors knew them.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisit The list included both proposed prosecution and defense witnesses, and there is no guarantee that those named will testify.
The trial, which is expected to last about six weeks, comes nearly a year after FTX's collapse shocked markets and tattered Bankan-Fried's reputation. Selection of the panel of 12 jurors and six alternates is set to continue on Wednesday, followed by opening statements.
Federal prosecutors say Bankman-Fried embezzled from customers at his FTX cryptocurrency exchange since its founding in 2019 until its November 2022 bankruptcy in order to prop up his hedge fund Alameda Research, buy luxury properties and donate more than $100 million to U.S. political candidates.
Bankman-Fried has pleaded not guilty to seven counts of fraud and conspiracy. He has acknowledged inadequate risk management, but denied stealing funds. His lawyers
