FTX founder Sam Bankman-Fried pleaded not guilty Tuesday in a Manhattan federal courthouse to allegations he misappropriated billions of dollars on his cryptocurrency exchange and thereby engaged in one of the largest fraud schemes in U.S. history.
of FTX Trading Ltd. with Alameda Research LLC, another company he controlled to fund luxury real estate purchases and other personal expenses, as well as illegal federal campaign contributions, the indictment alleges.The Securities and Exchange Commission and the Commodity Futures Trading Commission have separately filed similar civil fraud cases against Bankman-Fried.
Bankman-Fried agreed not to oppose extradition to the U.S. after being arrested in the Bahamas last month. On Tuesday, Kaplan added to his bail conditions by banning him from access to transferring cryptocurrency or the assets of FTX or Alameda Research after a prosecutor accused him of transferring some to foreign regulators in hopes that they would be more lenient toward him than U.S. authorities.
Bankman-Fried appeared before Kaplan after Judge Ronnie Abrams recused herself on grounds that her husband's law firm had represented FTX.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
FTX founder Sam Bankman-Fried set to plead not guilty to fraud charges, report saysLegal 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.
Baca lebih lajut »
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.
Baca lebih lajut »
FTX crypto CEO Sam Bankman-Fried expected to plead not guilty in Manhattan federal court TuesdayDisgraced crypto executive Sam Bankman-Fried is likely to plead not guilty to an eight-count fraud and conspiracy indictment when he appears in Manhattan federal court Tuesday, a person familiar with the matter told ABC News.
Baca lebih lajut »
FTX Co-Founder Sam Bankman-Fried Pleads Not Guilty to Fraud, Campaign Finance ChargesSam Bankman-Fried pleaded not guilty to all eight charges against him — including fraud and violating campaign finance law — in connection to the collapse of his cryptocurrency exchange FTX.
Baca lebih lajut »
Sam Bankman-Fried pleads not guilty in multi-billion dollar FTX fraud caseThe FTX founder has been under house arrest since being charged with allegedly looting billions in customer deposits.
Baca lebih lajut »
Disgraced FTX founder Sam Bankman-Fried pleads not guilty to federal fraud charges | EngadgetSam Bankman-Fried, the disgraced founder and former CEO of crypto exchange FTX, has pleaded not guilty to federal wire fraud charges and other crimes..
Baca lebih lajut »