LATEST: Disgraced crypto executive Sam Bankman-Fried has pleaded not guilty to federal criminal charges and is tentatively scheduled to stand trial Oct. 2.
January 3, 2023, 3:08 PMFTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on Dec. 22, 2022, in New York.in Manhattan on Tuesday and was tentatively scheduled to stand trial Oct. 2.
The former CEO of bankrupt crypto exchange FTX did not speak during the hearing. His attorney, Mark Cohen, entered the not guilty plea on his behalf."He pleads not guilty to all counts," Cohen said. Other funds were used to buy lavish real estate and to make tens of millions in political donations, court records said.
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