FTX founder Sam Bankman-Fried has pleaded not guilty to US charges of violating campaign finance laws and bribing Chinese authorities.
FTX’s Bankman-Fried pleads not guilty to new charges
Indicted FTX cryptocurrency exchange founder Sam Bankman-Fried has pleaded not guilty to new US charges of conspiring to violate campaign finance laws and bribe Chinese authorities.
Bankman-Fried, 31, entered the plea to the new, 13-count indictment through his lawyer Mark Cohen at a hearing before US District Judge Lewis Kaplan in Manhattan federal court.
He had earlier pleaded not guilty to eight counts of fraud and conspiracy for allegedly stealing billions in FTX customer funds to plug losses at his hedge fund Alameda Research.
Cohen said he was planning to challenge the new charges because they were brought after Bankman-Fried was extradited from the Bahamas, where he was arrested in December and where FTX was based.