Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried

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Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried
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Sam Bankman-Fried, a tech wunderkind and cryptocurrency mogul, faces the start of a criminal trial over allegations that he cheated thousands of customers.

I'm Jay Durkin reporting from the New York Stock Exchange. Here's *** look at what we are watching on the street today, Wall Street is coming off *** mixed trading session on Monday as stocks attempt to rebound from the September lows and there's no shortage of economic data points to digest in the following days. Investors will be watching for key data on job openings today while looking ahead to the September Jobs report due out Friday morning.

Before about 50 prospective jurors were brought into a Manhattan courtroom, Assistant U.S. Attorney Nicolas Roos said that the government “early on” raised the question with lawyers for Bankman-Fried about whether negotiations aimed at resolving the case with a plea should take place.Video below: Crypto exchange FTX files for bankruptcy in November 2022

“I didn’t steal funds, and I certainly didn’t stash billions away,” he said in a post earlier this year on the online platform Substack.

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