FTX Founder Sam Bankman-Fried's Criminal Trial OpensProsecutors said the FTX founder had lied to customers. Defense lawyers said he had just been trying to prevent his cryptocurrency exchange from melting down.
Source: FTX Founder Sam Bankman-Fried's Criminal Trial Opens (https://www.nytimes.com/2023/10/04/technology/sam-bankman-fried-ftx-trial.html)