Sam Bankman-Fried Pleads Not Guilty to FTX Fraud Charges
https://www.vice.com/en_us/article/88qj75/sam-bankman-fried-pleads-not-guilty-to-ftx-fraud-charges
Sam Bankman-Fried, the former CEO of bankrupt cryptocurrency exchange FTX, pleaded not guilty to fraud charges in U.S. District Court in Manhattan on Tuesday.
The 30-year-old, who was recently extradited to the U.S. from the Bahamas, is facing eight charges from federal prosecutors related to the fall of his crypto empire, which at one point gave him a net worth of $26 billion. The charges include wire fraud, securities fraud, violating campaign finance law, and conspiracy charges. “He pleads not guilty to all counts," Bankman-Fried's lawyer, Mark Cohen, said in court, the AP reported.