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Free pizza and Ubers: Judge will hold jurors past 8 p.m. as Sam Bankman-Fried trial enters final stretch - TL;DR CNBC

Free pizza and Ubers: Judge will hold jurors past 8 p.m. as Sam Bankman-Fried trial enters final stretch

Publishing timestamp: 2023-11-02 13:08:04


Summary

The criminal trial of FTX founder Sam Bankman-Fried is wrapping up, with the jury being kept until 8:15 pm on Thursday. The government is providing pizza and Uber rides for the jurors. Bankman-Fried faces potential life sentence if convicted on charges related to the collapse of FTX and Alameda Research. The trial has included testimony from former friends and colleagues of Bankman-Fried, who have pleaded guilty and cooperated with the prosecution. The government's key witnesses highlighted the disappearance of billions of dollars of customer money from Bankman-Fried's crypto exchange. The defense argued that Bankman-Fried made mistakes in risk management and not hiring a chief risk officer. The jury will now enter deliberations.


Sentiment: MIXED

Tickers: UBER

Keywords: technologybusiness newsbitcoinuber technologies incfintechcryptocurrencyenergy

Source: https://www.cnbc.com/2023/11/02/free-pizza-and-ubers-judge-to-stay-late-in-sam-bankman-fried-trial.html


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