Sam Bankman-Fried never received plea offer, prosecutor says as trial kicks off

Sam Bankman-Fried and US prosecutors never engaged in talks about a potential plea deal and no such offer was made, a prosecutor said in court on Tuesday ahead of the start of the FTX cryptocurrency exchange founder’s fraud trial.

Mark Cohen, a lawyer for Bankman-Fried, confirmed that prosecutor Nicolas Roos was correct that no plea talks were held.