A pregnant physician’s assistant, a train conductor, and a retired investment banker are reportedly among 12 individuals who will eventually decide on the fate of former FTX CEO Sam Bankman-Fried.
As per a report from Cointelegraph’s on-the-ground reporter Ana Paula Pereira, the 12 jurors were narrowed down from a list of 45 on Oct. 4, the second day of trial in Manhattan.
The potential jurors were each given a minute to introduce themselves by sharing their background, age, employment, education, relationship history, and children.
Cointelegraph reporter Pereira noted that one prospective juror said his wife worked for a law firm that provided services to FTX in the past — though it isn’t clear whether he was selected.
One prospective juror was reportedly excused after revealing she worked for a firm that invested in FTX and Alameda Research, according to Matthew Russell Lee from Inner City Press.
District Court Judge Lewis A. Kaplan then discussed jury selection with the prosecutors and Bankman-Fried’s defense lawyers before revealing the final 12 jury members about 15 minutes later.
Scenes from outside New York’s Supreme Court — a short walk away from where Bankman-Fried’s fraud trial is being held. Source: Cointelegraph
As per Oct. 4 reports from Bloomberg and TechCrunch, the final list or jurors shows the panel will be female-dominated, comprising nine women and three men.
Their ages range from the early 30s to the late 60s, and their professions span various industries, including health, financial, legal, IT, and education. Five of them are university-educated. The full list of jurors is below:
A man, aged in his late 60’s, was an investment banker at a firm called Salomon Brothers. He completed his Master of Business Administration at Stanford University.
A man, aged 59, didn’t say what he does for work but says his company is currently being sued. It is understood the man has served as a jury member in the past.
A man, aged 61, works at the United States Postal Service. He has no wife or children and has served as a jury member in the past.
A woman, aged 39, currently works as a physician assistant and was once a medical missionary in the Dominican Republic. She’s 10 weeks pregnant, and married to a web developer.
A middle-aged woman, who once studied at Duke University and has experience working with non-profits and managing fundraisers.
A woman, aged 50, works as a train conductor. She’s a mother of five children. Two of the five children have reportedly been convicted of crimes.
A woman, aged 65, is a retired corrections officer.
A woman, aged 33, works as a nurse in Westchester, New York and reportedly studied at the State University of New York, Binghamton.
A woman, aged 40, is currently unemployed as a social worker and previously studied at Princeton University and Columbia University.
A woman, who works at a school in the Bronx, New York. She previously studied at the University of Buffalo and Syracuse University.
A woman, who works in advertising. She has an 18-year-old daughter and a 12-year-old son.
A woman, aged 55, working as a special education teacher in Rockland, New York.
After the jury members were selected, a 15-minute opening statement was delivered by the prosecutors and defense. Testimonies from Marc Julliard — a Coca broker who lost about $80,000 to FTX — and Adam Yedidia — Bankman-Fried’s former close friend — were then heard before Judge Kaplan called it a day.
Bankman-Fried’s criminal trial is expected to take place over six weeks. He is facing seven fraud-related charges for his role as CEO in FTX’s shock collapse in November.
Taiwanese lawmaker Ko Ju-Chun has called on the government to consider adding Bitcoin to its national reserves, suggesting it could serve as a hedge against global economic uncertainty.
Ko, a legislator at-large in Taiwan’s legislative body, the Legislative Yuan, took to X on Friday to report that he had advocated Bitcoin (BTC) investment by the Taiwanese government at the National Conference on May 9.
In his remarks, Ko cited Bitcoin’s potential to become a hedge amid global economic risks and urged Taiwan to recognize the cryptocurrency alongside gold and foreign exchange reserves to boost its financial resilience.
Ko highlighted that Taiwan is an export-driven economy that has experienced significant fluctuations in its national currency, the New Taiwan dollar, amid global inflation and intensifying geopolitical risks.
“We currently have a gold reserve of 423 metric tons, and our foreign exchange reserves amount to $577 billion, including investments in US Treasury bonds,” the lawmaker stated.
In a scenario of more intense currency volatility or potential regional conflicts, Taiwan may “very likely be unable to ensure the security and liquidity,” Ko continued, adding that Bitcoin could be a great addition to Taiwan’s reserves for several reasons.
Ko Ju-Chun advocated for the adoption of Bitcoin by the Taiwanese government before the Legislative Yuan. Source: Ko Ju-Chun
“Bitcoin has been operating for over 15 years. It has a fixed total supply, is decentralized, and is resistant to censorship. Many countries are focusing on its hedging attributes. At the same time, in intense situations, it may not face the risk of embargo,” he said.
Instead, the legislator suggested adding a “small proportion of Bitcoin” into the diversified assets as tools for sovereign asset allocation and risk hedging, and backup capacity of Taiwan’s financial system.
“When exchange rate risk and regional uncertainty increase, it is time to introduce new tools to construct a more flexible financial strategy framework,” Ko said, adding:
“As former Dean Chen Chong said, Bitcoin is the gun of the digital era. It may also be the gold of the digital era, the silver of the digital era. Or it could be gunpowder. A wise nation will not let weapons be in others’ hands.”
German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack.
The seizure, announced on May 9 by Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office, involved multiple crypto assets, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Dash (DASH). The move marks the third-largest crypto confiscation in the BKA’s history.
The authorities also seized eXch’s German server infrastructure with over eight terabytes of data and shut down the platform, the announcement added.
eXch exchanged crypto without AML
In the statement, the BKA described eXch as a “swapping” service that allowed users to exchange various crypto assets without implementing Anti-Money Laundering (AML) measures.
The platform had operated since 2014 and reportedly facilitated about $1.9 billion in crypto transfers, some of which were believed to be of “criminal origin,” including assets laundered during the Bybit hack.
Example of flow of Bybit exploit funds moving through eXch and bridging back and forth between Ether and Bitcoin. Source: TRM Labs
“Among other things, a portion of the $1.5 billion stolen from the Bybit crypto exchange, which was hacked on Feb. 21, 2025, is said to have been exchanged via eXch,” the authorities wrote.
Multisig, FixedFloat among laundering cases
According to a post by crypto sleuth ZachXBT, eXch was also involved in laundering millions of funds from other crypto thefts and exploits, including Multisig, FixedFloat and the $243 million Genesis creditor theft.
Those were in addition to “countless phishing drainer services over the past few years with refusal to block addresses and freeze orders,” ZachXBT said.
Source: ZachXBT
ZachXBT was among the first security analysts to report on eXch’s links to laundering $35 million of crypto assets stolen from Bybit soon after the hack was confirmed.
“Lazarus Group transferred 5K ETH from the Bybit Hack to a new address and began laundering funds via eXch (a centralized mixer) and bridging funds to Bitcoin via Chainflip,” ZachXBT wrote in a Telegram post on Feb. 22.
“Even though we have been able to operate despite some failed attempts to shut down our infrastructure […], we don’t see any point in operating in a hostile environment where we are the target of SIGINT [Signals Intelligence] simply because some people misinterpret our goals,” it wrote.
Addressing the seizure, senior public prosecutor Benjamin Krause stressed the importance of action against “quick and anonymous opportunities for money laundering for any amount.”
“Crypto swapping is an essential component of the underground economy, used to conceal incriminated funds from illegal activities such as hacking or trading in stolen payment card data, thus making them available to perpetrators,” he said.
With Ruth away, Beth and Harriet are joined by Salma Shah, a former Conservative special adviser from 2014-2018 and now a political commentator.
They unpack Donald Trump’s surprise UK trade deal announcement and what it means for Sir Keir Starmer, who’s also landed a deal with India and is gearing up for key EU negotiations.
But while the global optics look strong, the domestic mood is tense. Harriet has some advice for the Labour backbenchers who are unhappy over welfare cuts and the winter fuel allowance policy.