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Sam Bankman-Fried Pleads Not Guilty to Additional Set of Charges

March 31, 2023
Source: nytimes.com nytimes.com
News Snapshot:
The disgraced cryptocurrency executive Sam Bankman-Fried pleaded not guilty on Thursday to an array of criminal charges, including new accusations that he committed bank fraud and bribed a foreign official. Sporting a new haircut that trimmed his distinctive mop, Mr. Bankman-Fried, 31, was back in Federal District Court in Manhattan to be arraigned on an updated indictment that included five additional counts against him. In all, the founder of the FTX cryptocurrency exchange, who was originally charged in December, is facing 13 criminal counts. Federal prosecutors have said Mr. Bankman-Fried orchestrated a vast fraud that led to the collapse of...
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Tags: bank | bitcoin | blockchain | bribery | Chinese | court | criminal | crypto | cryptocurrency | currency | customer | executive | fintech | Founder | fraud | LED | New York | payment | research | Three

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