FTX Founder Sam Bankman-Fried Faces Fraud Charges as Cryptocurrency Trial Begins

Sam Bankman-Fried cryptocurrency fraud trial prepares for opening arguments
Jury selection began for his trial on financial crimes related to FTX collapse
He faces 7 counts of diverting customer funds for Alameda trades and purchases
Prosecutors allege he used funds to support Alameda and buy real estate
His defense may argue he was misinformed by FTX legal counsel
Trial expected to last 6 weeks with former FTX executives as witnesses
Caroline Ellison, his ex and former Alameda head, is expected star witness
Bankman-Fried remains jailed after judge revoked his bail in August