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Lawyer: FTX founder likely challenging new crypto charg

A lawyer for onetime cryptocurrency darling Sam Bankman-Fried is signaling that he s challenging the validity of new charges contained in rewritten indictments released in recent weeks after his client was brought to the United States from the Bahamas in December

When integrity fails: The networks linked to Eskom contracts

When integrity fails: The networks linked to Eskom contracts
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Business - Carroll Broadcasting Inc

Witthaya Prasongsin/Getty Images(NEW YORK) Embattled crypto executive Sam Bankman-Fried now faces an additional criminal charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act, according to a superseding indictment unsealed Tuesday in the Southern District of New York. The new charge brings to 13 the total number of counts Bankman-Fried faces, all stemming from alleged corruption in the operations of the crypto companies he founded: FTX and Alameda Research. Bankman-Fried pleaded not guilty on Thursday to this newest count and four others unsealed in a prior indictment in late February. Bankman-Fried had previously pleaded not guilty to the other eight charges he faces. “We will be challenging the new charges when motions are filed," a spokesperson for Bankman-Fried told ABC News. Bankman-Fried is due back in court June 15. Bankman-Fried allegedly agreed to pay $40 million in cryptocurrency to foreign officials in China so they wo

Disgraced crypto exec Sam Bankman-Fried faces new bribery charge, pleads not guilty

Disgraced crypto exec Sam Bankman-Fried faces new bribery charge, pleads not guilty
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Lawyer: FTX founder likely challenging new crypto charges

A lawyer for onetime cryptocurrency darling Sam Bankman-Fried is signaling that he's challenging the validity of new charges contained in rewritten indictments released in recent weeks after his client was brought to the United States from the Bahamas in December. Attorney Mark Cohen told a Manhattan federal court judge on Thursday that the 31-year-old Bankman-Fried pleads not guilty to new charges lodged against him in what a prosecutor has labeled as one of the biggest frauds in American history. Although he's pleading not guilty to the charges, Cohen says Bankman-Fried is not acknowledging he can be tried on them. Among the new charges is an allegation that he directed the payment of $40 million in bribes to Chinese officials.

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