Sam Bankman Denies Involvement in Alleged Fraud and Conspiracy!
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Sam Bankman-Fried has denied new fraud and conspiracy allegations against him. The founder of FTX cryptocurrency exchange pleaded not guilty on Tuesday to the charges, which were levied against him while he remains in jail. His lawyer has complained about the way Bankman-Fried is being treated and has requested that he is moved to a different facility. FTX filed for bankruptcy in June after failing to secure financing to meet the regulatory requirements of the US Securities and Exchange Commission. Bankman-Fried says he will defend himself vigorously against the charges.
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