Bankman-Fried set to enter not guilty plea in FTX fraud case

Bankman-Fried set to enter not guilty plea in FTX fraud case

Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar with the matter. Bankman-Fried is accused of illegally using FTX customer deposits to support his Alameda Research hedge fund, … Read more