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Tribune News Service
Tribune News Service
National
Molly Crane-Newman

Disgraced crypto entrepreneur Sam Bankman-Fried pleads not guilty to federal fraud and bribery charges

Crypto Sam Bankman-Fried Mark Cohen FTX New York

NEW YORK — Disgraced crypto entrepreneur Sam Bankman-Fried pleaded not guilty to a host of new federal charges Thursday.

The fallen FTX founder appeared in Manhattan Federal Court after traveling from Palo Alto, California, where he’s under house arrest at his parent’s place on a $250 million bond.

Bankman-Fried, 31, pleaded not guilty to charges alleging he bribed Chinese officials $40 million to unfreeze over $1 billion in crypto assets, campaign finance crimes, and multiple securities and commodities fraud charges through his lawyer Mark Cohen.

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