cnbc's kate rooney has been following the story and joins us now with more. kate, good evening >> lester, sam bankman-fried arrived to federal court today in manhattan where he pleaded not guilty to eight counts, including fraud. prosecutors allege the founder and former ceo of the collapsed cryptocurrency exchange, ftx, cheated investors out of billions of dollars, money that's still missing, but today the justice department announced a new task force dedicated to finding those funds and getting money back to victims legally bankman-fried could be facing an uphill battle. two of his top associates have already pleaded guilty to their own charges and are now cooperating with authorities. bankman-fried's trial is expected to start in october, and if he's found guilty, he could spend the rest of his life in prison. lester? >> all right kate rooney, thank you. >>> up next, against all odds, a dramatic story of survival and rescue. >>> plus, the new warning about cannabis edibles and kids >>> a remarkable rescue in northern california a tesla plunging about 250 f