FTT went unnoticed

Bankman-Fried faces seven fraud and conspiracy charges. He pleaded not guilty. Mark Cohen of Cohen & Gresser, Bankman-Fried's lead attorney, suggested that it was the "perfect storm" that sent FTX into a tailspin despite Bankman-Fried's "good intentions" and "reasonable business precautions." Cohen may have been referring to FTT when he told jurors that customer funds transferred from FTX to Alameda were loans and not "a secret that [Bankman-Fried] only shared with a few people in his inner circle," as prosecutors claimed.
"You will learn that Sam believed, reasonably believed, that FTX's loans to Alameda were authorized and backed by reasonable collateral," Cohen said. “And far from being secret, these were open and known within both companies,” he added. FTT kept a low profile, unlike other tokens that came to the fore as the government called its first two witnesses to the stand. The government first summoned a commodity trader named Marc-Antoine Julliard. The French-born UK resident, who lost nearly GBP100,000 in FTX's failure, effectively promoted cryptocurrency as an asset to the eight women and four men on the jury.
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