The crypto world will be watching this trial closely for a few reasons.

Firstly SBF – as he was affectionately known – was a giant of the industry.

More than a million followers on Twitter, a huge name on the conference circuit and the man leading the charge to make crypto a mainstream and (lightly) regulated industry.

There are plenty of fallen crypto heroes out there, but SBF is the biggest name by far.

Whether or not he’s found guilty, and how he defends himself after such incriminating reports, is fascinating.

Then there are the estimated one million people still waiting to find out if they’ll get their money back. As much as $8bn (£6.5bn) could have been lost in the collapse.

There are also those who consider SBF’s trial as less about crypto and more about straight-up fraud.