The co-founder of failed cryptocurrency exchange FTX pleaded not guilty to a seven-count indictment charging him with wire fraud, securities fraud and money laundering.
An attorney for FTX co-founder Sam Bankman-Fried said in federal court Tuesday his client has to subsist on bread, water and peanut butter because the jail he’s in isn’t accommodating his vegan diet.
Bankman-Fried, 31, the former billionaire and a co-founder of failed cryptocurrency exchange FTX, appeared in Manhattan federal court in New York City, where he pleaded not guilty to seven counts. A superseding indictment charged him with wire fraud, securities fraud and money laundering that defrauded customers of FTX and lenders to his cryptocurrency hedge fund, Alameda Research.
Defense attorney Mark Cohen said that Bankman-Fried isn’t getting his prescribed Adderall, which helps him focus, and that he isn’t getting a vegan diet, so he has had to subsist on bread and water with some peanut butter.
