FTX co-founder Sam Bankman-Fried (SBF) has denied bribery and campaigning charges.
SBF’s lawyers can challenge the charges since he was extradited from the Bahamas to the United States. The SBF continues to fight charges.
SBF Denies Bribery Claims
Sam Bankman-Fried’s lawyers may challenge the validity of the new charges filed against the FTX co-founder in New York since he was extradited to the United States from the Bahamas.
Sam Bankman-Fried appeared in federal court in Manhattan. He pleaded not guilty to five new charges, including campaign finance violations and bribery conspiracy. Claims against SBF rose to 13.
SBF’s attorney, Mark Cohen, told the judge that he “did not accept that he could be tried on new charges after extradition”, arguing that Bankman-Fried was innocent.
Bankman-Fried, 31, waived her right to extradition proceedings in the Bahamas following her arrest on December 12. He agreed to return to the United States and was released from custody on a $250 million bail after negotiations with federal prosecutors in Manhattan.
Now, the former FTX ex-manager has denied all the accusations against him. SBF’s retrial is scheduled for October.
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