FTX Founder Sam Bankman-Fried Faces Fraud Charges as Criminal Trial Over Exchange Collapse Begins Tuesday

FTX founder Sam Bankman-Fried's criminal trial related to the collapse of the exchange starts Tuesday after the company went bankrupt in November.

Bankman-Fried was arrested in the Bahamas before being extradited to the U.S. in December and faces charges of fraud and conspiracy.

Key witnesses expected to testify against Bankman-Fried include former Alameda CEO Caroline Ellison and other former FTX executives.

Bankman-Fried has pleaded not guilty but admitted to mismanagement, blaming the implosion on market crashes and sabotage by a rival.

Jury selection starts Tuesday morning and opening arguments may also begin the same day.