'Lied to the world' or acted in 'good faith': Sam Bankman-Fried's trial opens
A onetime crypto wunderkind, Bankman-Fried, 31, became a tousle-haired billionaire overnight, only to see his company collapse last year and his fortune evaporate. He has been charged with orchestrating a conspiracy to use $10 billion that FTX’s customers had entrusted to him for all manner of personal projects, including venture capital investments, political donations and luxury real estate purchases.