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Sam Bankman-Fried has declared his innocence on all charges

2023.01.03 14:55

Sam Bankman-Fried has declared his innocence on all charges
Sam Bankman-Fried has declared his innocence on all charges

Sam Bankman-Fried has declared his innocence on all charges

Budrigannews.com – Sam Bankman-Fried has pleaded not guilty to all charges against him, including those for wire fraud, securities fraud, and violating campaign finance laws. 

On January 3, a number of observers in the United States District Court for the Southern District of New York reported that in SBF’s first court appearance since December, Bankman-Fried’s attorneys had entered a not guilty plea. Bankman-Broiled faces eight lawbreaker includes which could bring about 115 years in prison would it be a good idea for him he be sentenced.

One of the prosecutors in the case against the former FTX executive, Assistant U.S. Attorney Danielle Sassoon, reportedly stated that her team would provide SBF’s lawyers with evidence documents within the next two weeks. The former CEO of FTX had been under house arrest since December 22 at his parents’ California home, but he went back to New York for the plea hearing.

During the same hearing, the judge granted SBF’s legal team’s request to redact the identifying information of the people who guaranteed his $250 million bond. Since Bankman-Fried posted bail in December, his parents have reportedly been “the target of intense media scrutiny, harassment, and threats.”

More FTX Co-Founder’s Parents Are in Danger

Sam Bankman-Fried has declared his innocence on all charges

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