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Sam Bankman-Fried pleads not guilty to federal fraud charges in New York

Posted on AllSides January 3rd, 2023
From The Center
Ed Jones | AFP | Getty Images

Sam Bankman-Fried pleaded not guilty in New York federal court Tuesday to eight charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research.

The onetime crypto billionaire was indicted on charges of conspiracy to commit wire fraud and securities fraud, individual charges of securities fraud and wire fraud, money laundering and conspiracy to avoid campaign finance regulations.

Judge Lewis Kaplan proposed Oct. 2 as the start date for Bankman-Fried’s trial.

Bankman-Fried arrived outside the courthouse in a black SUV and was swarmed with cameras from the moment his...

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