Home > NEWS > Sam Bankman-Fried pleads not guilty to bribery, charges from superseding indictment

Sam Bankman-Fried pleads not guilty to bribery, charges from superseding indictment

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Since he was arraigned in December 2022, Rob Bankman-Fried, a former CEO of the FTX, has pleaded not guilty to five other charges, including charges of bribery.

According to several reports, Bankman-Fried pleaded not guilty in the United States District Court for the Southern District of England to four charges increased in February as a substitute for a civil indictment and a charge promoted on March 28th, one of which related to the former CEO on suspicion of bribing a senior Chinese government official. Other charges include charges of co-negotiation related to fraud, as well as charges of telecom network fraud and securities fraud during her tenure at FTX.

It is reported that the criminal case here means that Bankman-Fry lawyer Marco Vorster has made up a lie, although SBF has pleaded not guilty, no one has ever recognized the court's right to charge him. The latest allegations allege that SBF participated in the transfer to "at least about $40 million in digital currency for the interests of one or more of our government officials" to assist in transactions related to the Alameda Research Center.

Bankman-Fried has been on parole since he was transferred from the Bahamas in December, with key restrictions on parents' homes in California. A federal presiding judge recently changed its bail conditions to ban all Internet-enabled smartphones. The bankruptcy liquidation procedure of FTX is still going on in Delaware at this stage.

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© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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