Founder and former CEO of the collapsed exchange FTX, SBF is likely to plead not guilty, next week, to the charges against him as per a report by Wall Street Journal.
One of the participants stated that Bankman-Fried would probably show up in person in New York on January 3 to enter his plea. Earlier this month, the U.S. attorney’s office for the Southern District of New York accused the former billionaire of engaging in illegal behaviour. This caused the collapse of the crypto exchange and claimed he was in command of one of the largest financial frauds in American history.
SBF’s associate, Caroline Ellison, former CEO of Alameda research, FTX’s sister company, and Gary Wang, former CTO of FTX have accepted their faults. Thus, SBF’s not pleading guilty is contrasting to this. However, this move was widely expected as before his arrest he blamed faulty records and bank accounts for the illegal transfer of funds to Alameda Research.
Also read: FTX Founder SBF Single Handedly Fun
We współpracy z: https://coingape.com/sbf-to-plead-not-guilty-next-week-report/
