FTX Collapse: Sam Bankman-Fried Will Stand Trial in October

Published by
The Street

By Luc Olinga The former crypto king has pleaded not guilty to criminal fraud allegations leveled against him by federal prosecutors. This is a showdown that should not be missed. It will be a confrontation between federal prosecutors and Sam Bankman-Fried, the former king of the crypto space who fell into disgrace after the bankruptcy of his empire on November 11th. This empire was made up of the FTX cryptocurrency exchange and its sister company Alameda Research, a hedge fund that also served as a trading platform for institutional investors. Bankman-Fried, known by its initials SBF, filed f…

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