cryptonews: Sam Bankman-Fried has pleaded not guilty to five fresh criminal charges — including allegations that he paid a $40 million bribe to Chinese government officials. 👀
Sam Bankman-Fried has pleaded not guilty to five fresh criminal charges — including allegations that he paid a $40 million bribe to Chinese government officials.
Bankman-Fried's legal team have previously suggested that they may request October's trial to be pushed back. Several members of SBF's inner circle — including former Alameda Research CEO Caroline Ellison — have entered into plea deals and are cooperating with the prosecution.In other developments, FTX's new management has pushed back at SBF's request for access to directors and officers liability policies worth $10 million.
SBF has previously warned he "would suffer substantial and potentially irreparable harm" if he was denied access to the funds. But a committee representing creditors said:
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