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France 24

Business

Charles PELLEGRIN

FTX founder Sam Bankman-Fried pleads not guilty to fraud charges

United States Microsoft Sam Bankman-Fried Cryptocurrency New York

BUSINESS DAILY © FRANCE 24

The founder and former CEO of the cryptocurrency exchange FTX appeared in a New York court for an arraignment hearing on Tuesday. Sam Bankman-Fried's lawyers maintained his innocence amid accusations he misappropriated customer and investor funds. The trial is set for October 2 and Bankman-Fried could still change his plea. Also in the show, Microsoft recognises its first ever labour union in the US. Plus, the French government's plans for pension reform are met with united opposition from trade unions.

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