The highly anticipated trial of former FTX CEO Sam Bankman-Fried, famously known as SBF, began on October 3 in a Manhattan courtroom, drawing attention from journalists, crypto influencers, and curious onlookers. Amidst a charged atmosphere, the first day of the trial provided several noteworthy moments and insights into the case against the cryptocurrency mogul.

A Changed Appearance and Jury Selection Drama

On The Inaugural Day Of His Trial, Prospective Jurors Are Seen Seated Behind Sam Bankman-Fried. Source: Associated Press
On the inaugural day of his trial, prospective jurors are seen seated behind Sam Bankman-Fried. Source: Associated Press

On the opening day of the trial, spectators were quick to observe the physical transformation of Bankman-Fried. Reportedly leaner and notably absent of his signature curly locks, SBF appeared calm, dressed in a navy suit that seemed to hang loosely on his frame. Surrounded by five defense lawyers, he engaged minimally, speaking only when necessary and avoiding his usual fidgety demeanor. Meanwhile, the jury selection process unfolded with potential jurors sharing their experiences with crypto investing, some expressing negative sentiments, while others revealed personal losses. The courtroom atmosphere resembled a crypto-centric prom, with a mix of media personalities, influencers, skeptics, and enthusiasts.

Read more: The SBF vs US DoJ Trial Overview

Witnesses, Questions, and Sam Bankman-Fried’s Trial Duration

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As the day progressed, a list of potential witnesses was read out, including former company executives, family members, and unexpected names like Anthony Scaramucci. The judge emphasized the importance of an unbiased jury, dismissing jurors who expressed strong negative feelings towards crypto. Despite efforts, the final jury selection was not completed, extending the process to the next day. Judge Kaplan indicated that the trial, expected to last around six weeks, might conclude earlier, setting the stage for the upcoming arguments from both sides.

Read more: DOJ Seeks Revocation of Sam Bankman-Fried’s Bail Over Allegations


The first day of Sam Bankman-Fried’s trial unfolded with a mix of anticipation, drama, and unexpected moments. Observers were captivated by the transformed appearance of the defendant and the diverse range of potential jurors sharing their crypto-related experiences. With the trial set to continue for several weeks, the crypto community and the public at large remain intrigued, awaiting the resolution of this high-profile case that has captured the attention of the financial world.

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