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A12 TECHNOLOGY
Friday 6 OctOber 2023

Jury sees FTX ads with Tom Brady,

Larry David, as fraud case is rolled out

against Sam Bankman-Fried

FTX, a seemingly pioneer-
ing cryptocurrency trading
platform.
Rehn said the 31-year-old
lived in a $30 million apart-
ment in the Bahamas, jet-
ted around the world on
private planes, socialized
with celebrities and spent
billions of dollars as he
flaunted power and made
big political donations to
gain influence in Washing-
ton over cryptocurrency
FTX founder Sam Bankman-Fried leaves Federal court, July 26, regulation.
2023, in New York. Jury selection begins Tuesday, Oct. 3 in a The prosecutor, though,
case in which the 31-year-old crypto mogul faces the possibility said that the son of two
of a long prison term if convicted. Stanford law professors was
(AP Photo/Mary Altaffer, File)
not as he seemed.
By Ken Sweet and Larry Fried, depicting him as a vil- Adam Yedidia, one of the
Neumeister lain who portrayed himself trial’s first witnesses, sup-
Associated Press as the Robin Hood of the ported the government’s
NEW YORK (AP) — Splashy crypto world. claims when he testified
advertisements featuring Assistant U.S. Attorney Na- that he met Bankman-Fried
football star Tom Brady than Rehn said in his open- and they became “long-
and comedian Larry Da- ing statement in Manhat- time friends” when they
vid were among the first tan federal court that it was were both students at the
evidence seen by jurors only a year ago that Bank- Massachusetts Institute of
Wednesday as prosecutors man-Fried seemed to be Technology before they
launched a historic fraud “on top of the world,” op- worked and lived together
case against cryptocurren- erating the multibillion dol- in the Bahamas.q
cy maven Sam Bankman- lar company he founded,

Railroad unions want scrutiny of remote

control trains after death of worker in

Ohio railyard

By Josh Funk of the reaction to the pre- front of two CSX locomo-
Associated Press dawn death of a rail worker tives last month has focused
OMAHA, Neb. (AP) — Most who mistakenly stepped in on whether the 19-year
veteran should have seen
the train coming and not
on the actions of a worker
who could hardly see the
front of the locomotives he
or she was operating using
a remote control.
Some railroad unions want
more scrutiny of the safe-
ty of remote control op-
The CSX logo is affixed on a surface, July 15, 2013, Nashville, erations major railroads
Tenn. (AP Photo/Mark Humphrey, File)
have used for years in and
around railyards without
significant problems.
Remote control helps limit
costs by using less expe-
rienced workers to move
locomotives that help as-
semble trains a task that
once required licensed en-
gineers who are among the
highest-paid rail workers.q