Sam Bankman-Fried will enter plea next week over FTX fraud case

Sam Bankman-Fried is expected to enter a plea next week in response to allegations that he deceived investors and stole billions of dollars from customers at his bankrupt FTX crypto exchange.

According to court records, the 30-year-old is set to be arraigned in Manhattan federal court on the afternoon of January 3, 2023, before U.S. District Judge Lewis Kaplan.