Up First briefing: FTX fraud trial begins; how tech shapes our bodies
Sam Bankman-Fried heads to court on fraud and money laundering charges. Technology has made us more sedentary. Here's how to fix it.
by Suzanne Nuyen
Oct 03, 2023
2 minutes
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Today's top news
Sam Bankman-Fried, founder of now-defunct cryptocurrency exchange FTX, is due in court today in his fraud trial. He's pleaded not guilty to seven criminal counts and could spend the rest of his life in prison if found guilty. Here's everything you need to know about the trial.
- is FTX's , a crypto-focused hedge fund also, NPR's David Gura says prosecutors allege he used money from FTX investors to plug a "giant hole" in Alameda's finances. Defense attorneys are expected to claim that Bankman-Fried didn't intend to defraud anyone and was in over his head.
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