SBF Pleads Not Guilty to Bribery Charges

NEW YORK CITY, NY – FTX founder Sam Bankman-Fried pled not guilty to bribery and campaign finance violation charges at a court appearance Thursday. 

Earlier this week, prosecutors accused SBF of attempting to bribe a Chinese government official with $40 million to unfreeze bank accounts connected to Alameda Research, the sister company to FTX.

Last month, SBF was accused in another superseding indictment of bank fraud charges related to illegal political donations. Prosecutors alleged SBF attempted to “purchase influence over cryptocurrency regulation [...] by steering tens of millions of dollars of illegal campaign contributions to both Democrats and Republicans.”

While SBF pleaded not guilty during his court appearance, he refused to acknowledge the latest charges against him. SBF’s attorney, Mark Cohen, told the court, “My client is not acknowledging he can be tried.”