SBF Pleads Not Guilty to Criminal Charges

Former FTX CEO Sam Bankman-Fried pleaded not guilty to fraud charges in a New York federal court.

SBF was indicted on charges of conspiracy to commit wire fraud and securities fraud, individual charges of securities fraud and wire fraud, money laundering and conspiracy to avoid campaign finance regulations. The trial will begin on Oct. 2. SBF faces additional civil charges from the Securities and Exchange Commission and the Commodity Futures Trading Commission.

Previously, FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison both pleaded guilty to federal charges.