FTX founder Sam Bankman-Fried set to plead not guilty to fraud charges, report says

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Legal experts expect a prolonged court battle in Sam Bankman-Fried's case, during which prosecutors will have to prove he intentionally swindled FTX customers out of their crypto assets.

"I believe it is likely the case that various legit legs of FTX have the ability to access these funds," he tweeted."Hopefully that's what's happening here. If not, hopefully one steps in soon to do so." Legal experts expect a prolonged court battle in Bankman-Fried's case, during which prosecutors will have to prove he intentionally swindled FTX customers out of their crypto assets.

Ellison and Wang are expected to serve as government witnesses during Bankman-Fried's trial, prosecutors

 

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Watch the George Stephanopoulos SBF interview

Because he helped and paid democrats.

Lets see if 40 Million in political donations helps him.

Prosecutors need to watch some Coffeezilla on YouTube and take some notes

... his ignorance of business management is his defense, wow!

Great way to steal from the hardworking investors. How typical is this.. they knew all this before they even did it. Does anybody have a clean diaper for him?

Proving that the guy selling imaginary internet coins was intentionally duping investors?

🤫 Sam Bankman-Fried, a k a SBF, saw his business file for bankruptcy days after the election, but not before pumping $40 million into the Democratic Party to spend on “get-out-the-vote” and other shadowy ballot-harvesting mechanics for the midterms.

So he'll wind up getting off for 'accidentally' duping customers. Great.

Ginni Thomas didn't mean it either.

Easier case than Bernie Madoff.

The first government backed crypto scam

That's going to be hard. Don't hold your breath

He broke the law and swindled thousands, whether he intended to is irrelevant. He isn’t Hillary Clinton.

Is that all, because I understand he spent their money on his lavish lifestyle.

Your sympathy for this criminal because you share his political views is disgusting. hacks.

You can't swindle someone out of something that doesn't exist. He'll go free

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FTX founder Sam Bankman-Fried to plead not guilty at scheduled New York City arraignment: reportsSam 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. 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 If he walks… then other exchanges will walk away with billions to not a surprise...he knows someone is covering for him...he is not afraid
Source: FoxBusiness - 🏆 458. / 53 Read more »

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 »