Sam Bankman-Fried Will Plead Not Guilty to Fraud Charges, Faces 115 Years if Convicted: Report

FTX founder Sam Bankman-Fried will reportedly plead not guilty to fraud charges relating to the collapse of the crypto exchange late last year. According to a report from Reuters, Bankman-Fried will enter a not guilty plea to criminal charges that he defrauded investors and misappropriated billions of dollars from the exchange.