FTX exploiter moves $36.8M in Ether as Sam Bankman-Fried trial starts

The crypto wallet address linked to the FTX exploiter moved roughly $36.8 million worth of Ether (

The trial of SBF in connection with the collapse of FTX began on Oct. 3. The entrepreneur has pleaded not guilty to all seven counts of fraud and money laundering charges.

We decided to illustrate the lead-up to @SBF_FTX‘s trial. Here’s Bankman-Fried’s life in the slammer. From mirror monologues to peanut butter banquets, the fall is real. pic.twitter.com/v73IA6d5l2

— Cointelegraph (@Cointelegraph) October 3, 2023

On the second day of the trial, the Department of Justice (DOJ) and SBF’s defense team provided their statements in front of the jury. While the DOJ continues to focus its arguments on SBF’s alleged role in misleading investors on the platform, the defense argued about Bankman-Fried being a young entrepreneur who made business decisions that “didn’t work out.”

Read more to stay updated on the latest developments around the SBF-FTX court trials.

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