Former FTX CEO Sam Bankman-Fried (SBF), who is now free after securing a $250 million bail, will reportedly continue to assert his innocence of financial fraud involving FTX and Alameda in court. on the 3rd of January
SBF was arrested in the Bahamas at the request of the US government. On suspicion of defrauding investors and embezzling funds held by FTX, after a court hearing on Dec. 22, SBF was released on bail and is scheduled to appear in court on Jan. 3 before the district judge. US Lewis Kaplan in Manhattan
During the trial, SBF expects to continue to testify that he is not guilty of criminal charges.reportof Reuters on Dec. 13, the SEChas charged dy[FormerCEOofFTX[อดีตCEOของFTX By violating the anti-fraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.
The defendant has the right to plead not guilty during the trial in court of first instance. And they are allowed to change their testimony at the specified time.
On Dec. 28, funds were moved from the Alameda wallet, which raised doubts about whether SBF was involved in the anomaly.
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