The trial of disgraced founder begins today, nearly one year after the collapse of his crypto exchange following an alleged fraud totaling $8 billion dollars.The 31-year-old former billionaire will face a jury in a Manhattan court on accusations that he in order to prop up his hedge fund Alameda Research, buy luxury properties and donate more than $100 million to U.S. political candidates.He launched the company in 2019 and it quickly grew into an enterprise worth tens of billions of dollars. Bankman-Fried recruited A-list celebrities from to Larry David to promote the firm and also rubbed shoulders with leading politicians like .
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