Bankman-Fried enters a not guilty plea
Join Our Telegram channel to stay up to date on breaking news coverage Sam Bankman-Fried, the creator of FTX, entered a not guilt y plea on Tuesday and will go on trial in October. This case is expected to be one of the most publicized white-collar fraud cases in recent memory. In a blue suit, white shirt, and blue tie, Bankman-Fried made an appearance in US District Court in New York. He was seated at the defense table between Mark Cohen and Christian Everdell. After US prosecutors stated they anticipate presenting all of the case’s evidence over the next four weeks, US District Judge Lewis Kaplan set the trial date for Oct. 2. Although the plea was expected, it gives the 30-year-old extra time, according to attorneys. Bankman-Fried will obtain a better understanding of the prosecution’s case against him and formulate a strategy. The plea sets the case up for a protracted trial that might go on for at least four weeks. Ahead of a New York hearing planned for 2 p.m...
