Bankman-Fried to Face Two US Trials in FTX Fraud Case

Bankman-Fried to Face Two US Trials in FTX Fraud Case

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

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The video discusses the legal proceedings involving Bankman Freed, who faces 13 charges related to a multi-billion dollar fraud in the collapse of his FTX crypto exchange. The New York judge decided to split the charges into two separate trials, with one proceeding in October and another in March 2024. Bankman Freed had contested some charges, claiming they were not part of the extradition agreement, but the court in the Bahamas granted a minor victory by separating these charges. The video also shows public reactions to Bankman Freed's court appearances.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main accusation against Bankman Freed in the legal proceedings?

Insider trading

Money laundering

Multi-billion dollar fraud

Tax evasion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many charges did Bankman Freed challenge, claiming they were not part of the extradition agreement?

Three

Five

Seven

Ten

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of Bankman Freed's challenge in the Bahamas court?

Complete dismissal of charges

Minor victory allowing proceedings to continue

Postponement of the trial

Extradition to another country

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the separate trial for the additional charges scheduled?

May 2024

March 2024

July 2024

January 2024

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the video footage show about Bankman Freed's reception?

Supportive crowd

A warm welcome

A rough reception

Indifference from the public