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FTX’s Sam Bankman-Fried May Enter Guilty Plea on Cheating Charges

FTX Founder Sam Bankman-Fried Allowed $250 Million Bond, House Arrest

Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar with the matter.

Bankman-Fried is accused of illegally using FTX customer deposits to support his Alameda Research hedge fund, buy real estate and make millions of dollars in political contributions.

He is scheduled to…


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Young woman at home longing at window. Spring landscape outside, blue sky with clouds and trees. Cozy pink pajama. Self isolation concept illustration.

People share the worst year of their lives – and what they’ve learned

IDIOT OF THE YEAR No. 2: Brett Favre