Sam Bankman Fried, the previous CEO and co-founder of FTX crypto change, has pleaded not responsible to fraud and cash laundering fees levied in an up to date indictment by prosecutors, in line with a report.
Bankman Fried appeared within the Southern District of New York courthouse on Aug. 22 going through accusations of misusing buyer funds for private use in addition to for political donations. The fees of fraud and cash laundering are from December, nonetheless, prosecutors added further fees of campaig finance earlier this month.
The most recent proceedings within the FTX lawsuit come after Bankman Fried’s bail was revoked and the FTX founder left the New York courtroom in handcuffs.
It is a growing story, and additional info shall be added because it turns into out there.
