If you are following any crypto news, then you will have seen it be dominated by the trial of Sam Bankman-Fried. More than a year after FTX’s shocking collapse, the ex-CEO will be on trial to explain the bankruptcy and the aftermath.
It is expected that the trial will consider impact on the crypto industry and community. Everyone is anxiously waiting for the general public’s reaction to crypto. Some will argue that this case is simply about a man defrauding his customers, and they are not wrong. However, to erase or ignore the potential ramifications for the overall crypto industry is not wise.
To follow the case, you can check the New York Times, Coinbase, Wired, or Bloomberg. There is immense media interest in this case, unfortunately due to the magnitude of the alleged crime.