Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges: Reuters
Brett Harrison
Founder and CEO
Architect
Don’t miss “FTX: What Happened” with the former president of FTX’s U.S. arm and Anthony Scaramucci.
Brett Harrison
Founder and CEO
Architect
Don’t miss “FTX: What Happened” with the former president of FTX’s U.S. arm and Anthony Scaramucci.
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Jamie Crawley is a CoinDesk news reporter based in London.
Brett Harrison
Founder and CEO
Architect
Don’t miss “FTX: What Happened” with the former president of FTX’s U.S. arm and Anthony Scaramucci.
Brett Harrison
Founder and CEO
Architect
Don’t miss “FTX: What Happened” with the former president of FTX’s U.S. arm and Anthony Scaramucci.
FTX founder Sam Bankman-Fried will plead not guilty on charges of trying to evade campaign financing laws and attempting to bribe one or more Chinese government officials, Reuters reported on Thursday.
Bankman-Fried previously pleaded not guilty to eight charges of fraud and conspiracy, awaiting trial in October.
With the addition of accusations of attempting to evade campaign finance laws and bribery of Chinese government officials, Bankman-Fried now faces a 13-count indictment.
Along with charges of fraud, prosecutors accused Bankman-Fried of conspiracy of make unlawful political contributions in February.
The founder of the bankrupt crypto exchange was then accused of trying to bribe one or more Chinese government officials with around $40 million worth of crypto crypto in an attempt to unfreeze certain accounts of his trading firm Alameda.
Following his arrest in December, Bankman-Fried is on bail residing at his parents’ home in Palo Alto, California, following a $250 million bond. As part of the conditions of his bail, he has been given a new phone without internet access and a new laptop that can only access approved websites.
Edited by Parikshit Mishra.
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Jamie Crawley is a CoinDesk news reporter based in London.
