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More detailed information about alameda and ftx collapsions is available in this article..
Justice Lewis Kaplan has scheduled the trial for the beginning of October.
- Sbf's first hearing was expected to take place on January 3 following his arrest in the Bahamas last month and subsequent deportation to the United States.
- It was expected that the SBF would hold its first hearing on January 3 following his arrest in the Bahamas last month and his deportation to the US.
- Other charges before the federal court in Manhattan have been electronic fraud and conspiracy to launder money. Sbf actually pleaded not guilty to all the accusations.
- Judge Lewis Kaplan set the trial date for October 2, saying it could last four weeks. If convicted, the former cryptographer could be imprisoned until the age of 115.
- SBF’s plea is entirely different than those of Alameda’s former CEO – Caroline Ellison, and the ex-FTX CTO – Gary Wang, as both already pleaded guilty.
- Bankman-fried was freed on bail of $250 million by Christmas. They must wear electronic monitoring equipment when living with their parents.
- Despite court-ordered restrictions, there have been several suspicious transactions of alameda or sbf personal crypto portfolios in recent weeks. Bankman-Fried denied some, but US authorities will reportedly probe those transfers.
- More detailed information on the collapse of Alameda and FTX could be found in this article.
