When jurors size up FTX founder Sam Bankman-Fried for the first time, they might not know much about the world of cryptocurrencies. The prosecution and defense each could try to use that to their advantage, the Wall Street Journal reported. Jury selection gets under way today in the criminal case against Bankman-Fried, who is on trial for a series of actions that allegedly led to the abrupt meltdown of the FTX crypto exchange last year. Bankman-Fried is charged with stealing billions of dollars from customers of the FTX crypto exchange and using the money in large part to cover risky bets by its sister hedge fund, Alameda Research. The case involves some complex financial transactions, including allegations that Bankman-Fried instructed a deputy to take a big position in a digital token to manipulate its market price.
