Sam Bankman-Fried pleads not guilty

Sam Bankman-Fried, co-founder of FTX, centre, departs court in New York. (Image: Getty)

Thu, 05 Jan 2023

In one way, the holiday season in Joseph Bankman and Barbara Fried’s household was like many others. Adult children who have fled the nest often return home for the festive period. Their son, Sam Bankman-Fried, the founder of FTX, a now-defunct crypto exchange, did the same. He flew to Palo Alto, California on Dec 22 and departed shortly after New Year’s Day.Yet he did so in slightly different circumstances from most. After the collapse of his crypto-empire in November, Bankman-Fried was arrested in the Bahamas, before bei...

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