FTX: Sam Bankman-Fried pleads not guilty to fraud charges

The Independent 2023-01-03

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Sam Bankman-Fried Pleads Not Guilty , to Fraud Charges in New York.Sam Bankman-Fried Pleads Not Guilty , to Fraud Charges in New York.After being extradited from the Bahamas to the U.S. on fraud charges.After being extradited from the Bahamas to the U.S. on fraud charges.Bankman-Fried has been on house arrest at his parents' house in California.Bankman-Fried has been on house arrest at his parents' house in California.The FTX founder is accused of using investors' money to make large private purchases and donate to politicians, among other things. .The FTX founder is accused of using investors' money to make large private purchases and donate to politicians, among other things. .Bankman-Fried pleaded not guilty in Manhattan federal court on Jan. 3.Bankman-Fried pleaded not guilty in Manhattan federal court on Jan. 3.A tentative trial date of Oct. 2 has been set.Prior to Bankman-Fried's arraignment, a task force was announced by U.S. Attorney Damian Williams.The Southern District of New York is working around the clock to respond to the implosion of FTX, U.S. Attorney Damian Williams, via press release.It is an all-hands-on-deck moment. We are launching the SDNY FTX Task Force to ensure that this urgent work continues, powered by all of SDNY’s resources and expertise, until justice is done, U.S. Attorney Damian Williams, via press release.FTX co-founder Gary Wang and Carolyn Ellison, who ran Bankman-Fried's crypto hedge fund trading firm, Alameda Research, have both pleaded guilty to fraud charges.FTX co-founder Gary Wang and Carolyn Ellison, who ran Bankman-Fried's crypto hedge fund trading firm, Alameda Research, have both pleaded guilty to fraud charges

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