On Eve of FTX Founder Sam Bankman-Fried’s Trial, Protection Staff Scopes Out Attainable Arguments

The protection needs readability about whether or not it will probably argue that FTX, a giant crypto trade that collapsed final yr, was not regulated within the U.S., although FTX.US did observe relevant guidelines, based on a Monday submitting. Different questions embrace whether or not Bankman-Fried would have the ability to talk about the likelihood that FTX collectors may safe large recoveries within the trade’s ongoing chapter case, and whether or not the one-time FTX govt can point out his charitable giving and philanthropy.