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Bankman-Fried’s lawyer claims cryptocurrency was not suitable for everyone, while FTX contradicts this by marketing to expand its appeal. FTX’s efforts to reach a wider audience with cryptocurrency could play a significant role in Bankman-Fried’s trial.
Bankman-Fried appeared in court on October 27, 2023, for his fraud trial. During his questioning, his lawyer inquired about FTX’s operations.
Sam Bankman-Fried, founder of FTX, is facing an upcoming trial related to crypto financial fraud. Zeke Faux of Bloomberg News discusses the details with NPR’s David Gura.
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