Sam Bankman-Fried: From Crypto-King to Accused Scammer

The trial of Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, is underway, with prosecutors accusing him of committing one of the largest financial frauds in history. Testimony from former girlfriend and top executive Caroline Ellison has painted Bankman-Fried as the mastermind behind the alleged crimes, directing others to manipulate funds and deceive investors. However, the defense argues that Bankman-Fried was overwhelmed by the rapid growth of his businesses and trusted his deputies. The trial has been marked by admonishments from the judge towards Bankman-Fried's lawyers, and the question remains whether Bankman-Fried will testify in his own defense.