In their opening statements to a newly sworn-in jury in Manhattan federal court on Wednesday, lawyers laid out previews of their cases, offering two divergent narratives for the collapse of Sam Bankman-Fried’s crypto empire.
Eleven months ago, Sam Bankman-Fried was living in the Bahamas as a crypto superstar, running a celebrity-backed startup, surrounded by fans and friends who believed he was the real deal: An MIT math whiz. A visionary who ditched the Wall Street track to chart his own course. A philanthropist building a fortune which, he repeatedly said, he intended to give away entirely.
In a campaign speech at a rally in South Dakota on Friday, former President Donald Trump delivered lengthy and detailed criticism of the US economy under President Joe Biden – accusing Biden of deceiving the public on the subject of “Bidenomics.”