The trial of Sam Bankman-Fried, the former CEO of a major cryptocurrency exchange FTX, begins on Tuesday, marking a pivotal moment in a story of rapid ascent and a dramatic fall from grace. Fraud trial of Sam Bankman-Fried, the founder of failed cryptocurrency brokerage FTX, begins Tuesday with jury selection. (AP Photo/Seth Wenig, File)(AP) Sam Bankman-Fried’s Ascent Once revered as a crypto visionary, Bankman-Fried, at just 31 years old, established himself as a prominent figure in the cryptocurrency world. His net worth peaked to an astounding $26 billion after Massachusetts Institute of Technology graduate transformed the FTX platform into the world’s second-largest crypto exchan
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