FTX founder Sam Bankman-Fried set to plead not guilty to fraud charges, report says

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Legal experts expect a prolonged court battle in Sam Bankman-Fried's case, during which prosecutors will have to prove he intentionally swindled FTX customers out of their crypto assets.

"I believe it is likely the case that various legit legs of FTX have the ability to access these funds," he tweeted."Hopefully that's what's happening here. If not, hopefully one steps in soon to do so." Legal experts expect a prolonged court battle in Bankman-Fried's case, during which prosecutors will have to prove he intentionally swindled FTX customers out of their crypto assets.

Ellison and Wang are expected to serve as government witnesses during Bankman-Fried's trial, prosecutors

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Watch the George Stephanopoulos SBF interview

Because he helped and paid democrats.

Lets see if 40 Million in political donations helps him.

Prosecutors need to watch some Coffeezilla on YouTube and take some notes

... his ignorance of business management is his defense, wow!

Great way to steal from the hardworking investors. How typical is this.. they knew all this before they even did it. Does anybody have a clean diaper for him?

Proving that the guy selling imaginary internet coins was intentionally duping investors?

🤫 Sam Bankman-Fried, a k a SBF, saw his business file for bankruptcy days after the election, but not before pumping $40 million into the Democratic Party to spend on “get-out-the-vote” and other shadowy ballot-harvesting mechanics for the midterms.

So he'll wind up getting off for 'accidentally' duping customers. Great.

Ginni Thomas didn't mean it either.

Easier case than Bernie Madoff.

The first government backed crypto scam

That's going to be hard. Don't hold your breath

He broke the law and swindled thousands, whether he intended to is irrelevant. He isn’t Hillary Clinton.

Is that all, because I understand he spent their money on his lavish lifestyle.

Your sympathy for this criminal because you share his political views is disgusting. hacks.

You can't swindle someone out of something that doesn't exist. He'll go free

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 87. in COİN

Coin Coin Latest News, Coin Coin Headlines