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Podcast: Sam Bankman-Fried - Biography Flash
Episode: Sam Bank-man Fried News update for 10-12-2023
Description: The trial of Sam Bankman-Fried, the former CEO of the collapsed cryptocurrency exchange FTX, is now in its second week. Bankman-Fried is facing eight criminal charges, including wire fraud, securities fraud, and money laundering. He has pleaded not guilty to all charges.The prosecution's star witness in the trial is Caroline Ellison, the former CEO of Alameda Research, a hedge fund that was also founded by Bankman-Fried. Ellison has already pleaded guilty to fraud charges and is cooperating with the government.In her testimony on Tuesday and Wednesday, Ellison accused Bankman-Fried of being the mastermind behind a...