FTX Sam Bankman-fried Pleads Not Guilty To Fraud 

The former boss of collapsed cryptocurrency exchange FTX has officially denied charges that he defrauded customers and investors. <br />Sam Bankman-Fried pleaded not guilty in a US court to claims that he took customer deposits at FTX to fund his other firm, Alameda Research, buy a property and make political donations. <br />Two of Mr Bankman-Fried's closest colleagues have pleaded guilty already and are cooperating with the investigation, which has shaken the entire cryptocurrency industry. <br />Prosecutors accused Mr Bankman-Fried of misappropriating FTX customer funds to pay debts at his other company, Alameda, and to make other investments.