SBF trial day 2: FTX founder lied says prosecutors, defense blames Ellison and Bitcoin crash
Federal prosecutors told jurors that Sam Bankman-Fried (SBF) lied to the world about FTX’s finances but confided in Ellison and his inner circle, while defense attorneys moved to shift the blame on Alameda’s former CEO and Bitcoin volatility during opening statements on trial day 2. On day 1 of the voir dire, eight prospective jurors cited the 60 Minutes interview with author Michael Lewis. A handful referenced Bernie Madoff and one juror’s company lost money to FTX/Alameda. 18 jurors -12 primary and 6 alternates, were assigned from a pool of 50 potential candidates on Oct. 4, day 2 of the trial, according to InnerCityPress. “It’s our boys big day,” said pharma bro Martin Shkreli as he live-streamed his commute to SBF’s trial in lower Manhattan just as Judge Kaplan finalized jury selection around 11:30 am ET. Shkreli once told Terraform founder Do Kwon that “jail isn’t that bad”, on a podcast hours before FTX crashed on November 11, 2022. Kwon is now an international f...