Home National Former FTX CEO Sam Bankman-Fried pleads not guilty to federal fraud charges...

Former FTX CEO Sam Bankman-Fried pleads not guilty to federal fraud charges – reports NewsPipa

NewsPipa

WASHINGTON (UrduPoint News / Sputnik – 04th Jan, 2023) Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, pleaded not guilty to federal financial crime charges during a court hearing in New York, CNBC reported on Tuesday.

Bankman-Fried pleaded not guilty to charges that include conspiracy to commit wire fraud, securities fraud and money laundering, the report said.

In December, the US government indicted Bankman-Fried in what prosecutors have described as one of the largest financial fraud cases in US history. Prosecutors allege that FTX violated US campaign finance laws and planned to misuse customer funds.

Bankman-Fried was released last month on a $250 million bond while legal proceedings against him continue. If he is convicted, he risks a prison sentence of up to 115 years.

RELATED ARTICLES
NewsPipa The teams of Pakistan Army and Air Force have reached the final of the Inter-Departmental Basketball Championship by defeating WAPDA and Pakistan Ordnance...
NewsPipa India's main opposition Congress party ended a five-month "unity march" across land in disputed Kashmir on Monday with hundreds of members of...
NewsPipa Follow us: Facebook, TwitterGoogle NewsNational Voice is now also available on Telegram. Click here to join our channel @qaumiawaz and stay updated...
NewsPipa London: The former Prime Minister of Great Britain has claimed that Russian President Vladimir Putin ordered his forces to specifically kill me in...
NewsPipa <!-- Peshawar: Suicide blast in police mosque, 28 martyred, more than 150 injured - Daily Jinnah
NewsPipa Karachi: (Web Desk) Security has been put...
NewsPipa Islamabad (Daily Quadrat) Federal Interior Minister Rana Sanaullah has said that according to the preliminary investigation, a suicide attack has taken place in...
NewsPipa Prime Minister Shehbaz Sharif has said that the terrorists want to spread fear by attacking the institutions responsible for the defense of Pakistan,...

Latest

NewsPipa The teams of Pakistan Army and Air Force have reached the final of the Inter-Departmental Basketball Championship by defeating WAPDA and Pakistan Ordnance...
NewsPipa India's main opposition Congress party ended a five-month "unity march" across land in disputed Kashmir on Monday with hundreds of members of...
NewsPipa Follow us: Facebook, TwitterGoogle NewsNational Voice is now also available on Telegram. Click here to join our channel @qaumiawaz and stay updated...
NewsPipa London: The former Prime Minister of Great Britain has claimed that Russian President Vladimir Putin ordered his forces to specifically kill me in...
NewsPipa <!-- Peshawar: Suicide blast in police mosque, 28 martyred, more than 150 injured - Daily Jinnah
NewsPipa Karachi: (Web Desk) Security has been put...
NewsPipa Islamabad (Daily Quadrat) Federal Interior Minister Rana Sanaullah has said that according to the preliminary investigation, a suicide attack has taken place in...
NewsPipa Prime Minister Shehbaz Sharif has said that the terrorists want to spread fear by attacking the institutions responsible for the defense of Pakistan,...
NewsPipa A terrible accident has occurred in the Indian capital, New Delhi, where several vehicles collided. According to an Indian media report, several vehicles,...
NewsPipa The death toll in the alleged suicide blast at the Police Lines mosque in Peshawar has reached 59, while more than 150 people...
NewsPipa The Awami Workers Party expressed outrage over the anti-people policies of the government and the IMF, which have led to a sharp rise...
NewsPipa Peshawar: In an emergency visit to Prime Minister Mian Shahbaz Sharif, Inspector General Peshawar gave a briefing on the factors and motivations of...