Bankman-Fried pleads not guilty in FTX fraud case, October trial set

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Reuters

By Jack Queen and Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange, causing billions of dollars in losses in what prosecutors have called an epic fraud. The 30-year-old defendant entered his plea through his lawyer to eight criminal counts, including wire fraud and conspiracy to commit money laundering, before U.S. District Judge Lewis Kaplan in Manhattan federal court. Kaplan set an Oct. 2 trial date. A federal prosecutor, Danielle Sassoon, estimated that a trial could ta…

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