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Sam Bankman-Fried Pleads Not Guilty to Five New Criminal Charges

Apr 03, 2023 · 1 min read · 44 points
Sam Bankman-Fried Pleads Not Guilty to Five New Criminal Charges
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SBF’s lawyer, Mark Cohen, has questioned the validity of the five new charges that have been added since he was flown from The Bahamas to the U.S.

Highlights

  • Sam Bankman-Fried pleads not guilty to five fresh criminal charges.
  • FTX founder is accused of paying a $40 million bribe to Chinese government officials.
  • The 31-year-old’s lawyer has questioned the validity of the five new charges that have been added since he was flown from The Bahamas to the U.S.
  • FTX’s new management has pushed back at SBF’s request for access to directors and officers liability policies worth $10 million.
  • Prosecutors have revealed that the government has turned over six million pages of discovery.
  • Several members of FTX inner circle — including former Alameda Research CEO Caroline Ellison — have entered into plea deals.

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