SBF Pleads Not Guilty to Fraud and Money Laundering Charges Again

SBF Pleads Not Guilty to Fraud and Money Laundering Charges Again

During a court appearance at the District Court for the Southern District of New York on Tuesday, FTX founder SBF pleaded not guilty again to the fraud and money laundering charges related to the bankruptcy of FTX.

In August, the US Justice Department filed a new indictment against SBF, accusing him of using customer funds to conduct activities including buying Bahamas real estate, making personal investments, donating to political campaigns, and more. The indictment was a modification of the original one filed last December. The charges were not new, but the indictment provided further detail of the charges.

Related: SBF Pleads Not Guilty to 5 New Federal Charges, Including Bribery

Source

FTX

SBF

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