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Sam Bankman-Fried pleads not guilty to latest round of federal fraud, bribery charges



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Sam Bankman-Fried pleaded not guilty in New York federal court Thursday to five additional charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research.Bankman-Fried’s attorney, Mark Cohen, said he plans to file a motion that his client not be tried on all the counts. Bankman-Fried’s team will argue that someone extradited under the U.S.-Bahamas treaty can only be tried on the charges they were extradited for. “As Mr. Cohen stated in court, we will be challenging the new charges when motions are filed,” a spokesperson for Sam Bankman-Fried said.The U.S. Attorney’s Office for the Southern District of New York unveiled its third round of criminal charges against the disgraced former CEO of FTX in a superseding indictment that was unsealed Tuesday. This time, the focus was on Bankman-Fried allegedly bribing a foreign government.Prosecutors allege that Bankman-Fried — who arrived at the courthouse about an hour before the hearing, looking disheveled after an intense media scrum — directed the payment of at least $40 million in cryptocurrency to on …

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