disgraced crypto executive sam bankman fried has pleaded not guilty to fraud and other charges at his arraignment in a manhattan federal court. he is accused of organising one of the biggest financial frauds in american history. the bbc s north america business correspondent michelle fleury has the latest from outside the ny courthouse. he arrived at this manhattan federal court freddie the second time since he was extradited from the bahamas. the disgraced crypto executive was rushed past the wedding video and then he entered not guilty plea to charges he defrauded investors on his trading platform ftx. us prosecutors bankman fried used customer money to pay expenses of his head fun hedge fund, alameda research, to buy property and make donations politically.
hospital. one in a helicopter around another in a ambulance. their conditions have not yet been released. now to this bill cosby is planning to start touring against next year following his release from prison. a representative for the comedian telling fox news digital cosby is planning to get back into standup comedy after his sexual assault conviction was overturned in 2021 five women sued the women. he is excited to move forward and get back to doing what he loves. and then disgraced ftx founder sam bankman-fried has just had his fraud case reassigned to a new judge. the original judge decided to recuse herself because her husband s law firm consulted ftx last year. bankman-fried s arraignment now set for next week and he is expected to enter a plea deal. sec complaints reveal he and his firm used $200 million in customer money to fund investments into companies. these are the only two
elon musk s chaotic twitter takeover and the energy turmoil at the pump. these are the top business stories at 2022. number 10. crypto crashed even flashy super bowl ads. i don t think so. couldn t hold off the chill of a crypto winter as investors dished risky assets. has the bitcoin bubble finally burst? part of a crash that has cost investors more than a trillion dollars. a downturn made worst by the implosion of the world s largest crypto exchange, ftx, over claims it misused customer money. $32 billion company that plunged into bankruptcy basically overnight. reporter: leaving millions of workers scrambling for funds. i m getting into crypto. and attracting government scrutiny.
the top ten business stories of the year. crypto crashed and streaming slowed. the recession debate raged. elon musk s chaotic takeover and the energy market raised prices at the pump. number ten, crypto crashed amid the downfall of hits biggest exchange. even flashy super bowl ads couldn t hold off the chill of a cr crypto winter. has the bit coin bubble final lip burst, costing investors more than $1 trillion. an implosion of ftx over claims it misused customer money. the 32 billion company that plunged into bankruptcy
elon musk s takeover, and the market turmoil raised prices at the pump. these are the top business stories of 2022. number ten. crypto crashed, amid the downfall of its exchange. even flashy super bowl ads i don t think so. reporter: couldn t hold off the chill of a crypto winter, as investors ditched risky assets. has the crypto bubble finally burst? reporter: a downturn made worse by the implosion of the world s largest crypto exchange, ftx, over claims it misused customer money. the $32 billion company that plunged into bankruptcy basically overnight. reporter: leaving millions scrambling to recover funds. ftx is prompting investigations by federal prosecutors now. reporter: disgraced founder