Sam Bankman-Fried denies new federal charges in ongoing legal battle.
TL;DR Summary
Sam Bankman-Fried, founder of cryptocurrency platform FTX, pleaded not guilty to five new charges of bank fraud and bribery. Prosecutors allege that Bankman-Fried bribed Chinese officials after his trading firm was locked out of trading accounts on two of China's crypto exchanges. His attorney plans to challenge the charges based on extradition rules. Bankman-Fried's criminal trial is scheduled to begin in October.
- Bankman-Fried pleads not guilty to five new charges POLITICO
- Sam Bankman-Fried pleads not guilty to latest round of federal fraud, bribery charges CNBC
- Sam Bankman-Fried is reportedly paying his lawyers with a 'multi-million dollar gift' to his dad through Alameda Yahoo Finance
- SBF Bribery Charge Brings New Legal Headaches to FTX Bloomberg
- Sam Bankman-Fried pleads not guilty to additional federal charges Fox Business
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