Sam Bankman-Fried heads for trial on charges of stealing billions from FTX users
Bankman-Fried has pleaded not guilty to seven counts of fraud and conspiracy. He has acknowledged inadequate risk management, but denied stealing funds.
am Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, U.S., August 11, 2023.(photo credit: REUTERS/EDUARDO MUNOZ/FILE PHOTO)ByREUTERS
