SBF trial has Begins in the Manhattan federal court of South District of New York. This is more dramatic than suspense.

Jury Process Begins

     This is a criminal case, so a 12-member jury will determine the outcome of the trial. Judge Kaplan started the jury selection process, in which 6 alternates will also be selected. However, first day ended without completing the process, because most jurors don't understand crypto.

7 Charges and No Plea Offered to SBF

     SBF has not been offered any plea in case he accepts charges. The only thing the government did for SBF was exclude the political contribution, and Ukraine scam charge, because politicians are afraid of being declared guilty in this case.

Pay the lawyers, sue the insurance

     In an outside incident, SBF has sued the Continental Casualty Insurance Company in the District Court of Northern California for not covering his legal fees. The source claims FTX's parent company, 'Paper Bird' (SBF himself), is insured for legal cases with that company.