Coinspeaker
SBF Pleads Not Guilty to All 8 US Criminal Charges
The former CEO of FTX Sam Bankman-Fried, popularly called SBF, pleaded not guilty to all eight counts of federal charges in New York on the 3rd of January. The exchange founder was brought before a judge in the US District Court about two months after FTX crashed and caused an earthquake in the crypto industry. All eight charges were related to the collapse of the now-bankrupt crypto company FTX and hedge fund Alameda Research.
The criminal charges against the former billionaire include conspiracy to commit money laundering, wire fraud, conspiracy to misuse customer funds, and more. Before he arrived at the courthouse on Tuesday in a black SUV, a crowd was already awaiting his presence. His arrival triggered the mob, who had been on alert with their cameras. Photographers struggled among the scrum to get the perfect pictures of the former crypto billionaire, who was hauled by security through the multitude.
SBF Pleads Not G
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