Sam Bankman-Fried pleads not guilty to all charges in New York court

  • No surprise - judge proposes Oct 2, 2023 for start of SBF trial
Sam Bankman Fried pirates meme

Federal prosecutors have a conviction rate above 95% and he was charged rapidly after the collapse of FTX, suggesting prosecutors are particularly confident of the case. On top of that, two of his top co-executives have pled guilty, presumably with the intention of cooperating against him.

Interestingly, Bankman-Fried asked to keep confidential his $250 million bail guarantors and the judge granted the application.

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