FTX's Bankman-Fried pleads not guilty to campaign finance, China bribery charges

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Indicted FTX cryptocurrency exchange founder Sam Bankman-Fried arrived at a federal court in New York to a large gathering of waiting media

Bankman-Fried, 31, entered the plea to the new, 13-count indictment through his lawyer, Mark Cohen, at a hearing before U.S. District Judge Lewis Kaplan in Manhattan federal court.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 wasThe new charges add to the pressure on Bankman-Fried, who faces a possible sentence of decades in prison if convicted at a trial set to start on Oct. 2.Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S.

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Fashion Score:

🤡🤡

The guy seems to plead not guilty to everything 🤦‍♀️

Sob

Why everything related to China is corruption ?

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Take him and his parents and all the other co-conspirators down and seize all assets

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