![Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 1]](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-10/8c987bc0-629b-4bdf-bdc1-a38e679df2f9.jpg)
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.
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