Former FTX CEO Sam Bankman-Fried has pleaded no longer responsible to all eight counts of fraud with which he has been charged.

At his arraignment hearing in Manhattan on Tuesday, Bankman-Fried entered a no longer responsible plea to the charges in opposition to him, including wire fraud, violations of advertising campaign finance regulations and securities fraud.

Bankman-Fried looked in court along with his attorneys Designate Cohen and Christian Everdell earlier than U.S. District Think Lewis Kaplan. U.S. Lawyer Danielle Sassoon, who leads the prosecution, acknowledged her crew plans to construct Bankman-Fried’s attorneys with paperwork of evidence over the subsequent two weeks.

Think Kaplan teach Bankman-Fried’s trial date for Oct. 2, which Sassoon expects to be a four-week trial, in conserving with a declare from Reuters. If convicted, the FTX founder would maybe also resist 115 years in penal complex.

Within the identical hearing, Think Kaplan granted a quiz from Bankman-Fried’s attorneys that the names of two folk that helped gain his bail be redacted from public records. His folk allegedly received a probability of threats and grew to alter into the topic of media scrutiny and harassment.

Bankman-Fried was launched on a $250 million bail bond equipment which permits him to remain below residence arrest at his folk’ residence in California. Under the phrases of his bail, Bankman-Fried will stay below digital monitoring, however is allowed to switch launch air for assert, indulge in company and access the cyber web.

His unrestricted access to the cyber web particularly raised dread bells after a series of mysterious transfers from Alameda-controlled wallets – one of which was known as Bankman-Fried’s wallet take care of – had been made to crypto mixers last week. Bankman-Fried refuted claims that he was within the help of these transfers in a tweet, announcing he did not indulge in any access to them.

Think Kaplan amended the stipulations of Bankman-Fried’s bail on Tuesday to particularly prohibit him from having access to and transferring any FTX or Alameda associated resources.