FTX founder Sam Bankman-Fried pleaded “not guilty” to eight charges in federal court, including wire fraud and campaign finance allegations.
The former CEO of the now-bankrupt crypto exchange made his second appearance in a New York courthouse on Tuesday. Bankman-Fried's first appearance last week resulted in him being released on a personal recognizance bond and shortly after flying back to his parents' home in California. His not guilty plea today was expected, according to an earlier report in the Wall Street Journal.
Bankman-Fried was arrested last month in the Bahamas after a request from federal prosecutors, who unveiled eight different charges against him the next day.
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