Disgraced crypto mogul Sam Bankman-Fried's plan to plead not guilty to criminal charges will lay the foundation for one of the most high-profile white collar fraud trials in recent years.
While the plea, which will likely be entered Tuesday, was not unexpected, it buys the 30-year-old more time, legal experts say. Bankman-Fried will get a better idea on the evidence prosecutors have against him and plan his next move - negotiate or fight. The plea puts the case on track for a lengthy trial, which could span several weeks and not start for at least a year.
