FTX founder Sam Bankman-Fried pleads not guilty to fraud, other crimes ...Middle East

Disgraced FTX founder Sam Bankman-Fried pleaded not guilty on Tuesday to charges of wire fraud, securities fraud and other counts related to the collapse of his cryptocurrency trading platform. Prosecutors have alleged that Bankman-Fried, 30, illegally used his customers’ money to make real estate purchases, political donations and investments at his hedge fund, Alameda Research. He was arrested in the Bahamas last month after FTX filed for bankruptcy in November as a result of being unable to provide billions of dollars in withdrawal requests from its customers. Bankman-Fried agreed to be extradited from the Bahamas, where he lived and ran the company, to faces charges in Man

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FTX founder Sam Bankman-Fried pleads not guilty to fraud, other crimes ...Middle East

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