November 22, 2024

Rise To Thrive

Investing guide, latest news & videos!

SBF trial dates revealed: FTX founder to stand trial over 6 weeks

1 min read
SBF trial dates revealed: FTX founder to stand trial over 6 weeks

Former FTX CEO Sam “SBF” Bankman-Fried will spend at least 21 days in court as part of his criminal trial, which will begin in earnest on Oct. 4 and last until Nov. 9, according to a newly released trial calendar posted to the public court docket.

The burgeoning trial calendar, released on Sept. 28, begins on Oct. 3 with jury selection. The first official date of the

During the hearing on Sept. 28, assistant U.S. attorney Danielle Kudla said the Department of Justice estimated the case could last four to five weeks.

SBF, who pleaded not guilty to seven counts of fraud and conspiracy following the collapse of FTX, faces a statutory maximum of 110 years in prison.

Magazine: Deposit risk: What do crypto exchanges really do with your money?