Sam Bankman-Fried pleads not guilty to federal fraud charges in New York
Publishing timestamp: 2023-01-03 19:06:24
Summary
Sam Bankman-Fried, the former CEO of FTX and Alameda Research, pleaded not guilty to federal charges in New York on Tuesday. The charges include money laundering, conspiracy to commit wire fraud and securities fraud. The case was quickly assembled by prosecutors from the Southern District of New York, who gained the cooperation of Bankman-Fried's close lieutenants. Bankman-Fried was swarmed by cameras when he arrived at the courthouse and a new task force was launched to recover victim assets as part of the ongoing investigation.
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