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FTX’s Sam Bankman-Fried pleads not guilty to fraud charges: Report By Cointelegraph

August 22, 2023
in Cryptocurrency
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FTX’s Sam Bankman-Fried pleads not guilty to fraud charges: Report By Cointelegraph

Sam “SBF” Bankman-Fried, the former CEO and co-founder of crypto exchange FTX, has pleaded not guilty to fraud and money laundering charges levied in an updated indictment by prosecutors, according to a report.

The latest court proceedings against SBF were heard by Magistrate Judge Sarah Netburn. The former FTX CEO was charged with seven counts of fraud and money laundering along with an additional charge of campaign finance. Bankman-Fried pleaded not guilty on all counts.

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Tags: BankmanFriedchargesCointelegraphFraudFTXsguiltyPleadsReportSam
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