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Fortune

Chris Morris

SBF to face criminal charges in Manhattan Tuesday

SBF Sam Bankman-Fried FTX Manhattan

(Credit: David Dee Delgado/Getty Images)

Sam Bankman-Fried will make his appearance in U.S. federal court in Manhattan Tuesday, as he faces eight criminal counts that accuse him of defrauding FTX investors out of billions of dollars.

The crypto exchange’s founder made his first appearance last month, where a judge released him on $250 million bond. He remains under house arrest at his parents’ home in Palo Alto, Calif.

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