Bitcoin, Dogecoin, Solana SOL/USD excluded from FTX trial

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Bitcoin, Dogecoin, Solana SOL/USD excluded from FTX trial

The first day of FTX's criminal trial, Sam Bankman-Fried highlighted cryptocurrencies such as Bitcoin BTC/USD, Ethereum ETH/USD, Dogecoin DOGE/USD, and Solana SOL/USD, but notably excluded FTX's native token, FTT FTT/USD.

Bankman-Fried was framed by federal prosecutors as a criminal who stole billions from numerous individuals and misused their money for personal gain.

The first witness in the case, the government's first witnesses, introduced the concept of cryptocurrencies to the jury. Marc-Antoine Julliard, a FTX trader who suffered losses due to its failure, mentioned Bitcoin and Ethereum as the main cryptocurrencies. He recalled depositing dogecoin into his FTX account.

The government's second witness, Adam Yedidia, a former employee of Alameda and FTX, testified that he resigned after discovering that FTX customer deposits were used to repay Alameda's loan to creditors.

The FTT token received minimal attention as well as mention of popular cryptocurrencies.

Will the SEC approve the long-awaited Bitcoin Spot ETF? Be a part of the discussion where you won't just be a passive spectator. A stay at the floating palace from James Bond's downfall resulted from a perfect storm, despite Bankman-Fried's good intentions and sound business practices.

At the time of writing, BTC was trading at $27,362.22, down 0.86% in the past 24 hours, according to Benzinga Pro.

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