On Eve of FTX Founder Sam Bankman-Fried’s Trial, Defense Team Scopes Out Possible Arguments

The defense wants clarity about whether it can argue that FTX, a big crypto exchange that collapsed last year, was not regulated in the U.S., though FTX.US did follow applicable rules, according to a Monday filing. Other questions include whether Bankman-Fried would be able to discuss the possibility that FTX creditors could secure massive recoveries in the exchange’s ongoing bankruptcy case, and whether the one-time FTX executive can mention his charitable giving and philanthropy.