The trial of FTX founder Sam Bankman-Fried reached its halfway point, and a flurry of incriminating evidence, emotional testimonies, and odd tales have surfaced in the last three weeks.
The U.S. Department of Justice charged SBF with defrauding customers out of billions of dollars between 2019 and 2022. FTX crashed in November 2022 after Coindesk reported on the company’s questionable balance sheet and odd relationship with Alameda Research. The crash sank the cryptocurrency market, which one year later has yet to fully recover. FTX filed for bankruptcy soon after, and SBF was arrested in his Bahamas home in December 2022.
Here are the biggest moments you need to know about in cryptocurrency’s most high-profile legal battle.