SBF Pleads Not Guilty to 5 New Federal Charges, Including Bribery

During a court appearance on Thursday, FTX founder SBF pleaded not guilty to five additional charges brought by the US prosecutors, including money laundering, unlawful political contributions, bribery and others.

After SBF was arrested last December, the US Department of Justice unsealed eight charges against him. At January 3rd's court hearing, SBF pleaded not guilty to all the charges. Afterwards, the prosecutors added four more charges, including bank fraud. This Tuesday, the 13th charge was unveiled, alleging SBF tried using over $40 million in crypto to bribe at least one Chinese government official.

SBF's attorney, Mark Cohen, said on court that his client was not acknowledging the recent charges because they came after his extradition from the Bahamas.

Previously, multiple former executives at FTX and Alameda Research pleaded guilty, including former Alameda Research CEO Caroline Ellison, FTX Co-founder Gary Wang and former FTX Engineering Director Nishad Singh.

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