According to reports, Sam Bankman-Fried will reject all charges.

Sam Bankman-Fried (SBF), the former CEO of FTX, is now out on a $250 million bail bond and is expected to enter a not guilty plea on January 3 in relation to the alleged financial irregularities at FTX and Alameda.

SBF was detained in the Bahamas at the US government’s request on charges of scamming investors and stealing money from the FTX cryptocurrency exchange. SBF was granted bond after a court appearance on December 22 and is due back in court on January 3 before U.S. District Judge Lewis Kaplan in Manhattan.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button