cryptonews
2023-03-31 15:00:00

Sam Bankman-Fried Pleads Not Guilty to New Fraud and Bribery Charges in Federal Court – Here's What You Need to Know

Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to five additional charges brought against him in federal court in the US. The new charges against Bankman-Fried are focused on the alleged bribery of foreign officials from China. According to the charges, Bankman-Fried paid $40 million in crypto to one or more Chinese government officials in an attempt to gain access to trading accounts that had been frozen by the Chinese.... Read More: Sam Bankman-Fried Pleads Not Guilty to New Fraud and Bribery Charges in Federal Court – Here's What You Need to Know

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