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France 24

Business

Charles PELLEGRIN

Crypto in the courtroom: FTX founder Sam Bankman-Fried goes on trial for fraud

FTX Alameda Research Evergrande Tesla Inc. Cryptocurrency New York

BUSINESS DAILY © FRANCE 24

Sam Bankman-Fried, the 31-year-old founder of cryptocurrency exchange FTX, will go on trial in New York this Tuesday. He stands accused of defrauding millions of customers who traded on his platform by using their funds to prop up his hedge fund Alameda Research. Also in this edition, Evergrande shares start trading again after the Chinese real estate company announced its founder was under investigation. Plus, Tesla posts summertime vehicle deliveries that are below expectations.

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