Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, could plead guilty to charges of defrauding investors and stealing customer funds, Reuters has reported.
According to the publication, the hearing in Manhattan federal district court will take place next January 3, 2023, when the case will be heard by Judge Lewis Kaplan.
Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world
Kaplan has replaced the previous judge in the case due to a possible conflict of interest.
Prosecutors have filed eight criminal charges against Bankman-Fried, including fraud, money laundering and campaign finance violations.
Two of his former partners, former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang, have pleaded guilty to involvement in the exchange collapse and have agreed to cooperate with the investigation.