Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried

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Initially freed on a $250 million personal recognizance bond, Bankman-Fried was confined to his parents’ home in Palo Alto, California, until Judge Lewis A. Kaplan ordered him jailed last month after concluding that he had tried to influence witnesses, including Ellison and an FTX general counsel. His lawyers have appealed that decision and repeatedly said their client can’t properly prepare for trial. But the 2nd U.S. Circuit Court of Appeals rejected an appeal of the detention order, saying the judge had thoroughly considered all relevant factors and defense arguments were unpersuasive. On Tuesday, before jury selection began, the judge told Bankman-Fried that he will be given the chance to testify during the trial, even if his lawyers advise against it. “They can’t make the decision for you. It’s your call,” the judge said.

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