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Zenger

National

Khyathi Dalal

FTX Founder Sam Bankman-Fried To Plead Not Guilty In Wire Fraud Case

Sam Bankman-Fried FTX Lewis Kaplan Michael M Santiago Manhattan Federal Court Prison US District Court

Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court on August 11, 2023 in New York City. Federal prosecutors are asking U.S. District Court Judge Lewis Kaplan to revoke Bankman-Fried's bail and to be jailed until his October criminal trial. MICHAEL M. SANTIAGO/GETTY IMAGES.

Disgraced FTX (CRYPTO: FTT) founder Sam Bankman-Fried is expected to plead not guilty against wire fraud and any conspiracy charges.

A guilty verdict for the 31-year-old entrepreneur would mean he could spend decades behind bars, CoinDesk reports.

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One subscription that gives you access to news from hundreds of sites

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