Prosecutors: Bankman-Fried Used FTX Funds as 'Personal Piggy Bank' While Defense Claims He Acted in 'Good Faith'

Prosecutors allege Sam Bankman-Fried stole billions from FTX customers and used funds as a "personal piggy bank". Defense says he acted in good faith as CEO.

Prosecution's first witness, Marc-Antoine Julliard, lost $133K in savings he invested in FTX before its collapse.

Julliard trusted Bankman-Fried's public reassurances about FTX's finances before trying unsuccessfully to withdraw his funds.

Second witness Adam Yedidia was a college friend of Bankman-Fried's who worked at Alameda and FTX.

Multiple former Bankman-Fried colleagues who pleaded guilty are expected to testify against him.