Main page News, Cryptocurrency Exchanges, FTX

Sam Bankman-Fried, founder of cryptocurrency exchange FTX, has pleaded not guilty to eight charges.

As reported by Bloomberg, US District Judge Lewis Kaplan, who was appointed in late December, has set a trial date for October 2, 2023.

The prosecution has proposed an additional bail condition. The former FTX CEO cannot access or transfer assets of FTX and Alameda Research.

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According to the publication, not having pleaded guilty will allow Bankman-Fried to obtain more information about the evidence against him and plan his next step.

Recall that Reuters had previously written that Bankman-Fried would plead guilty to charges of defrauding investors and stealing client funds. At the same time, WSJ sources ruled out such a possibility.

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