First Mover Americas: Bankman-Fried Pleads Not Guilty

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First Mover Americas: Bankman-Fried Pleads Not Guilty
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Traders who see $BTC’s price going up are paying those betting against the coin to keep their bullish positions open. That bodes well for the cryptocurrency.

and conspiracy charges., who is facing eight criminal charges including wire fraud and campaign-finance violations, pleaded not guilty to all charges via his lawyer at a hearing in federal court in New York. The former CEO of the now-bankrupt crypto exchange FTX made his second appearance in the courthouse on Tuesday.

At his first appearance last week, he was released on a personal recognizance bond, and shortly after, flew back to his parents' home in California. His not guilty plea was expected,37,000 mining rigs it hosts for Celsius Mining. Core turned the machines off after moving to reject its contract to host the equipment. The two firms have been engaged in litigation over the 2020 deal, which Core Scientific says is costing it $2 million in revenue per month.

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