FTX founder Sam Bankman-Fried to plead not guilty at scheduled New York City arraignment: reports

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Sam Bankman-Fried, at his arraignment in U.S. District Court in Manhattan Tuesday, will likely plead not guilty to fraud, money laundering and other charges over FTX's collapse.

Arkansas Republican Rep. French Hill gives his take on responding to the FTX collapse on 'The Evening Edit.'is reportedly expected to plead not guilty on Tuesday to federal fraud and money laundering charges in New York federal court following his release on $250 million bond.

This comes less than two weeks after Bankman-Fried was released from federal custody when his parents agreed to sign aand keep him at their Palo Alto, California home on electronic monitoring while he awaits trial. FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022, in New York City.

FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City.

 

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not a surprise...he knows someone is covering for him...he is not afraid

If he walks… then other exchanges will walk away with billions to

If the owner of the worlds biggest Ponzi scheme walks then we need to start our own government. Our government is not for the people

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Biggest stories to look for in crypto as we embark on the new yearSam Bankman-Fried's trial, U.S. inflation and crypto conferences are all coming down the track. Can't believe TravelFi and Simban are not there. The biggest announcement in ages lol
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bahamas Regulators Seize Crypto Assets from FTX Worth $3.5 Billion for 'Safekeeping'The Securities Commission of the Bahamas claims that it has moved $3.5 billion from FTX’s Bahamian subsidiary, FTX Digital Markets, into its own digital wallets for “safekeeping” while former FTX CEO Sam Bankman-Fried awaits trial in the United States. So will these have to be reported with individual names in compliance with IRS rules? You know, so it doesn’t get lost. Buy crypto, it's safe from the govt, lol. I'da looked out for it.
Source: BreitbartNews - 🏆 610. / 51 Read more »