Sam Bankman arriving at courthouse…

Sam Bankman arriving at courthouse…Show more

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FTX founder Sam Bankman-Fried has pleaded not guilty to criminal charges that he defrauded investors in his crypto exchange out of $1.8billion. Bankman-Fried's arraignment was held in Manhattan federal court before US District Judge Lewis Kaplan at 2pm on Tuesday, where he pleaded not guilty to all eight counts of fraud and conspiracy.  Kaplan set October 2 as the tentative trial start date, and granted a defense motion to withhold the names of two co-signers on Bankman-Fried's $250million bond from the public.  Prosecutors say Bankman-Fried scammed investors and illegally siphoned FTX customer deposits to prop up his Alameda Research hedge...
Source: https://www.dailymail.co.uk/news/article-11595877/Sam-Bankman-Fried-arrives-Manhattan-federal-court-arraignment.html