{"id":37657,"date":"2022-12-31T10:58:37","date_gmt":"2022-12-31T10:58:37","guid":{"rendered":"https:\/\/lydian.io\/?p=37657"},"modified":"2022-12-31T10:58:38","modified_gmt":"2022-12-31T10:58:38","slug":"sam-bankman-fried-reportedly-wants-to-plead-not-guilty","status":"publish","type":"post","link":"https:\/\/lydian.io\/sam-bankman-fried-reportedly-wants-to-plead-not-guilty\/","title":{"rendered":"Sam Bankman-Fried reportedly wants to plead not guilty","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 18 Second                <\/div>\n\n            <\/div><p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvODFjZjQ2MjYtNmY0My00YmQxLTk3ZjUtYjM3ODRlMGIyMTA3LmpwZw==.jpg\" \/><\/p>\n<p>Former FTX CEO Sam Bankman-Fried (SBF), who's presently out on $250 million bail, will reportedly plead not responsible in courtroom on Jan. 3.<\/p>\n<p>SBF was arrested on the request of the US authorities on suspicion of defrauding traders and embezzling funds held on crypto trade FTX within the Bahamas.  After a courtroom listening to on December 22, SBF was launched on bail and is scheduled to seem in courtroom on January 3 earlier than US District Decide Lewis Kaplan in Manhattan. <\/p>\n<p>In response to Reuters, SBF is anticipated to file a pleading on the felony fees in the course of the listening to <a rel=\"nofollow noopener\" href=\"https:\/\/www.reuters.com\/legal\/bankman-fried-set-enter-initial-not-guilty-plea-ftx-fraud-case-source-2022-12-30\/?rpc=401&\" target=\"_blank\">report<\/a>.  On Dec. 13, the SEC indicted the previous FTX CEO for violating the anti-fraud provisions of the Securities Act of 1933 and the Securities Trade Act of 1934.<\/p>\n<p>Defendants have the correct to plead not responsible in the course of the first listening to and may change their pleas in a well timed method. <\/p>\n<p><strong>Associated: <\/strong><strong>Sam Bankman-Fried was discovered \"chilling\" within the JFK airport lounge on $250 million bail<\/strong><\/p>\n<p>On December 28, a motion of funds from Alameda wallets raised suspicions that SBF was concerned within the anomaly.  Nonetheless, the entrepreneur rapidly distanced himself from the alleged rumours.<\/p>\n<p lang=\"en\" dir=\"ltr\">I am none of that.  I cannot and couldn't transfer any of those funds;  I not have entry to them.<a rel=\"nofollow\" href=\"https:\/\/t.co\/5Gkin30Ny5\">https:\/\/t.co\/5Gkin30Ny5<\/a><\/p>\n<p>\u2014 SBF (@SBF_FTX) <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/SBF_FTX\/status\/1608908562851598336?ref_src=twsrc%5Etfw\">December 30, 2022<\/a><\/p>\n<p>SBF's tweet was in response to a Cointelegraph report {that a} pockets handle had obtained over 600 ether (ETH) from wallets owned by Alameda.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/sam-bankman-fried-to-reportedly-plead-not-guilty-to-criminal-charges\" rel=\u201dnofollow\u201d >Source link <\/a><\/p>\n        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" 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