FTX Founder Faces Fraud Charges After Crypto Exchange Collapse

FTX crypto exchange collapsed in Nov 2022 after $8B cash shortfall exposed.

Prosecutors allege FTX transferred customer funds to Alameda Research.

Bankman-Fried pleads not guilty, claims poor bookkeeping caused issues.

Former FTX execs now testifying against Bankman-Fried after pleading guilty.

Trial seen as test of US law enforcement authority over offshore crypto firms.