January 4, 2023
FTX founder Sam Bankman-Fried leaves Manhattan federal court in New York after he pleaded not guilty to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform. Photo: Seth Wenig/AP
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FTX’s Bahamian customers financed SBF’s $546m deal
FTX’s Bahamian subsidiary, and its customers/investors, were yesterday said to have unwittingly helped finance a $546m investment by Sam Bankman-Fried that has now been seized by US federal authorities.
FTX founder pleads not guilty
FORMER FTX CEO Sam Bankman-Fried pleaded not guilty in a Manhattan federal court yesterday to charges of cheating investors and looting customer deposits on his cryptocurrency platform.
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