FTX founder Sam Bankman-Fried pleads not guilty in fraud case

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Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange.

Bankman-Fried appeared before U.S. district judge in Manhattan on Tuesday

A man in a suit jacket and white shirt.
Former FTX chief executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks from the Manhattan federal court after securing bail in New York City on Dec. 22, 2022. Bankman-Fried pleaded not guilty Tuesday. (Jeenah Moon/Reuters)

Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange.

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