Sam Bankman-Fried heads for trial on charges of stealing billions from FTX users

Bankman-Fried has pleaded not guilty to seven counts of fraud and conspiracy. He has acknowledged inadequate risk management, but denied stealing funds.

am Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, U.S., August 11, 2023.

(photo credit: REUTERS/EDUARDO MUNOZ/FILE PHOTO)

ByREUTERS

OCTOBER 3, 2023 16:17

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