Prosecutors Say Bankman-Fried's Lack of Crypto Regulation Defense is Irrelevant to Fraud Charges as Trial Begins

Prosecutors say lack of crypto laws irrelevant to fraud charges against Bankman-Fried

Trial began Tuesday; Bankman-Fried pleaded not guilty to misusing FTX customer funds

Prosecutors can raise Bankman-Fried's philanthropy and charity but must clear with court first

DOJ won't allege illegal political donations but will note funds used inconsistently

Bankman-Fried argued lack of crypto regulation common in industry at time