On Eve of FTX Founder Sam Bankman-Fried’s Trial, Defense Team Scopes Out Possible Arguments

The protection desires readability about whether or not it could argue that FTX, an enormous crypto alternate that collapsed final yr, was not regulated within the U.S., although FTX.US did comply with relevant guidelines, based on a Monday submitting. Different questions embody whether or not Bankman-Fried would be capable to focus on the chance that FTX collectors may safe huge recoveries within the alternate’s ongoing chapter case, and whether or not the one-time FTX govt can point out his charitable giving and philanthropy.