SBF Fraud Charges Open in Crypto Empire Collapse Trial
- DOJ SBF's crypto empire built on a lie, per opening statement at trial
- SBF's defense blames former employee Caroline Ellison, says biz grew too fast
- Crypto fundraising fell to 3-year low of $2.1B in Q3 amid winter Messari
- Some FTX US employees knew of backdoor allowing Alameda to take funds WSJ
- Employees flagged issue to top deputy Nishad Singh but problem wasn't fixed
