Former FTX CEO Sam Bankman-Fried is expected to enter a plea of not guilty to criminal charges that he looted billions of dollars and cheated investors at his cryptocurrency exchange.
Bankman-Fried is accused of illegally using FTX customer deposits to support his Alameda Research hedge fund, buy real estate and make millions of dollars in political contributions.
He is scheduled to appear Tuesday before US District Judge Lewis Kaplan in Manhattan to enter a plea.
Bankman-Fried has been free on a $250 million bail bond following his extradition last month from the Bahamas, where the exchange was based.


Newly Released DOJ Epstein Files Expose High-Profile Connections Across Politics and Business
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
New York Judge Orders Redrawing of GOP-Held Congressional District
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Court Allows Expert Testimony Linking Johnson & Johnson Talc Products to Ovarian Cancer
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning




