FTX founder Sam Bankman\u002DFried pleaded not guilty in Manhattan federal court to charges that he cheated investors and looted deposits.
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Wearing a backpack, Bankman-Fried marched through a crush of cameras as he entered the courthouse on a rainy day to make his first appearance before Kaplan. When he left court, he did not speak to reporters gathered outside.Article content Cohen, though, insisted that Bankman-Fried had not personally transferred any assets and that anything that was moved came at the insistence of a court in the Bahamas that ordered it to occur.Article content
The judge invited prosecutors to respond to the letter and said he’ll rule at a later date after the media likely makes an argument as well.Article content
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