Bankman-Fried Pleads Not Guilty, Faces Trial in October
- FTX founder is set to face trial on eight charges in October 2
- US asked for additional bail condition for FTX, Alameda assets
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FTX founder Sam Bankman-Fried pleaded not guilty to criminal charges Tuesday and is set to face a trial in October, a courtroom showdown likely to be one of the highest-profile white-collar fraud cases in recent years.
Bankman-Fried appeared in US District Court in New York wearing a blue suit, white shirt and blue tie, and sitting at the defense table between his lawyers, Mark Cohen and Christian Everdell. US District Judge Lewis Kaplan set a trial date for Oct. 2, after US prosecutors said they expect to produce all evidence for the case in the next four weeks.