Sam Bankman-Fried wasn't offered a plea deal before his criminal trial

• Sam Bankman-Fried wasn't offered any plea deals in fraud trial, prosecutors said.
• The criminal trial against Bankman-Fried kicked off on Tuesday with jury selection.
• The trial addresses the historic collapse of crypto exchange platform FTX.

The US government confirmed on Tuesday that Sam Bankman-Fried hadn't been offered any plea deals in the criminal case.