Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar with the matter.
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He is scheduled to appear at 2 p.m. EST on Tuesday before U.S. District Judge Lewis Kaplan in Manhattan to enter a plea.
Source: Bankman-Fried set to enter not guilty plea in FTX fraud case | Reuters