The former head of the FTX cryptocurrency exchange is expected to enter a plea in court to fraud charges as early as next week.
FTX cryptocurrency exchange founder Sam Bankman-Fried was expected to enter in a plea over the fraud case on his now bankrupt trading company.
The plea is expected to come as early as next week as he faced criminal charges for defrauding investors before taking billions of dollars out of customer fund accounts from his failed exchange.The effects of this case are expected to make a major impact on the industry as a whole, as Bitcoinist reported.
Earlier in December, Bankman-Fried was arrested in the Bahamas at the request of U.S. authorities where he was then flown to New York, after he decided not to challenge his extradition. The U.S. attorney in Manhattan announced that day that two of Bankman-Fried's closest business associates were also charged and had pleaded guilty, the Associated Press reported.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Sam Bankman-Fried to enter plea in FTX fraud caseSam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars in customer funds at his failed FTX cryptocurrency exchange.
Leer más »
Crypto will survive FTX, Sam Bankman-FriedThe collapse of FTX is only the latest headline-grabbing failure to rattle the crypto market this year. May's collapse of the Terra stablecoin really kicked off the present downturn.
Leer más »
Bankman-Fried case reassigned because judge's husband has ties to FTXThe criminal case concerning disgraced cryptocurrency mogul Sam Bankman-Fried has been reassigned due to a conflict of interest stemming from ties to FTX.
Leer más »
No-nonsense judge takes over FTX-Bankman-Fried criminal caseA Manhattan federal judge known for swift decisions and a no-nonsense demeanor has been assigned to preside over Sam Bankman-Fried's cryptocurrency case
Leer más »
No-nonsense judge takes over FTX-Bankman-Fried criminal caseNEW YORK (AP) — A Manhattan federal judge known for swift decisions and a no-nonsense demeanor during three decades of overseeing numerous high-profile cases was assigned Tuesday to Sam Bankman-Fried’s cryptocurrency case .
Leer más »
No-nonsense judge takes over FTX-Bankman-Fried criminal caseMight be time for SBF to switch the flip flops for loafers. The judge assigned to the criminal crypto case has been lauded as ‘non-nonsense’.
Leer más »