FTX founder Sam Bankman-Fried pleads not guilty to all charges, trial set for Oct. 2 – IOTW Report

FTX founder Sam Bankman-Fried pleads not guilty to all charges, trial set for Oct. 2

JTN
FTX founder Sam Bankman-Fried pleaded not guilty to a litany of charges at his Tuesday arraignment in federal court.

The former cryptocurrency mogul faces charges of fraud, conspiracy, money-laundering and campaign finance law violations in connection with the collapse of his digital finance empire, according to Axios.
The judge set his trial date for Oct. 2, 2023.

FTX suffered a dramatic collapse in November of 2022 when investors simultaneously attempted to withdraw their stakes in the firm rendering it unable to fully remunerate them. more

9 Comments on FTX founder Sam Bankman-Fried pleads not guilty to all charges, trial set for Oct. 2

  1. It’s proof to me that Sammy Bankman-Fried’s attorneys are angling for a better plea deal. They want fewer years than he was offered to keep silent about all those millions of dollars in campaign donations. Ninety seven percent of those millions were donated to Democrats. He was laundering money for political protection, and he’s going to get what he paid for.

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  2. This Asshole & the other 7 helped deliver the Senate to the Demos.
    One guy is still running/missing. Sam Trabucco

    The Demos will help take care of them.

    It is Beyond sickening, but the WE Charity in Canuckistan helped Brain wash the Youth to Justine Turdette’s party in a vaguely similar manner. (Charities not Crypto, with Donations after receiving Gov’t contracts)

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  3. One thing I learned is that the victims of Bernie Madoff received a reimbursement of MOST of their original investment. They lost any of the fake gains Bernie cooked up. They were mostly made whole.
    The victims of FTX will have lost almost everything. Everything. A lot of it went to Democrats and some to anti-Conservative Republicans.

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  4. There was no “double secret” intent of FTX. Liquidating the fungible “assets” donated to FTX’s purpose, is not sufficient.

    “Wronged” “investors” need their households executed. Oh! Judicially, of course. That’s why I wrote “executed”. Not, merely, “killed”.

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