FTX, recognized as one of the top three crypto exchanges in the crypto world, following a series of events that saw founder and CEO Sam Bankman-Fried accused of fraud. had gone bankrupt. Bankman-Fried, on the other hand, was caught in the Bahamas in recent weeks after all the developments and It was delivered to the US.

fraud, conspiracy to commit fraudcollusion for securities fraud and securities fraud with many accusations against Bankman-Fried last week A charged bail of $250 million was released in return.

He will say ‘I am innocent’ of all charges for which he could receive 115 years in prison

The next major step in the case, with the entire industry, as well as FTX victims, following the developments with great interest. on January 3 will be thrown away. Bankman-Fried will appear in court in Manhattan on January 3 to give his defense.

According to Reuters sources, Bankman-Fried said: by denying all allegations. will make his defense. Fried admitted that he had “made some mistakes” in the past, but maintained that he had not committed any crimes that would require criminal responsibility…

Gary Wang, former chief technology officer of FTX, and Caroline Ellison, general manager of Alameda Research, another company named in the lawsuit, which is also a co-founder of Bankman-Fried. admitted most of the allegations and to cooperate with the Public Prosecution Service they had spoken.

This makes Bankman-Fried’s defense rather weak. However, there is no firm prediction yet about what the course of the case will be.