Accused cryptocurrency fraudster Sam Bankman-Fried entered a not-guilty plea at his arraignment in Manhattan federal court Tuesday.
Judge Lewis Kaplan set a tentative trial date of Oct. 2, 2023, for the 30-year-old fallen wunderkind.
It was Bankman-Fried’s second appearance in Manhattan federal court since his extradition from the Bahamas.
He’s got about 10 months to ponder his non-existent defense.
Federal Sentencing Guidelines Spell Deep Trouble for Sam Bankman-Fried
Sam Bankman-Fried is expected to be arraigned in a federal district court in lower Manhattan today, on the indictment obtained by prosecutors in the Southern District of New York in December.
SBF is in deep, deep trouble. The main reason for that, besides what appears to be weighty evidence against him — including the prospective testimony of two close (alleged) accomplices who are cooperating with SDNY prosecutors — is found in the federal sentencing guidelines.
