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Sam Bankman-Fried

Cryptocurrency entrepreneur Sam Bankman-Fried, second from right, arrives for an appearance at Manhattan federal court Tuesday, Jan. 3, 2023, in New York. Bankman-Fried will be arraigned in a Manhattan federal court Tuesday on charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform. (AP Photo/Craig Ruttle)

FTX founder Sam Bankman-Fried pleads not guilty in New York

Bankman-Fried, 30, is accused of illegally diverting massive sums of customer money from FTX to make lavish real estate purchases, donate money to politicians and make risky trades at Alameda Research, his cryptocurrency hedge fund trading firm.

Associated Press

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Jan 3, 2023, 2:21 PM

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