Sam Bankman-Fried likely to plead ‘Not Guilty’ in FTX fraud trial

Yahoo Finance Video

Fri, Dec 30, 2022, 4:29 PM

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Embattled FTX Founder Sam Bankman-Fried is widely expected to plead "not guilty" at his upcoming fraud trial.

Video Transcript

SEANA SMITH: We got some breaking news here. Disgraced FTX founder Sam Bankman-Fried will likely plead not guilty to fraud charges. That's according to the Wall Street Journal. Now Bankman-Fried faces eight charges, including fraud, money laundering, and campaign finance offenses. Bankman-Fried is set to be arraigned in New York next week after being released on a $250 million bond.

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Sam Bankman-Fried likely to plead ‘Not Guilty’ in FTX fraud trial

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