Expected Arraignment of Sam Bankman-Fried

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Former FTX chief executive Sam Bankman-Fried is expected to be arraigned and enter a plea in Manhattan federal court at 1:00 p.m. on Jan. 3.

Sam Bankman-Fried, the founder of failed crypto exchange FTX, faces a litany of civil and criminal charges, including conspiracy to commit money laundering and wire fraud.

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