Sam Bankman-Fried Pleads Not Guilty to Paying $40 Million Bribe to Chinese Officials

Accused crypto fraudster Sam Bankman-Fried pleaded not guilty Thursday to a number of new charges, including allegedly paying a $40 million bribe to buy influence from Chinese officials.

Bankman-Fried, 31, entered the plea through his lawyer, Mark Cohen, who signaled he was planning to argue the charges were improperly filed because they followed his client’s extradition from the Bahamas in December.

Cohen told Manhattan federal Judge Lewis Kaplan that he and his team were “not acknowledging” that Bankman-Fried could be tried on the additional counts, brought in two separate indictments since his arrest.

“As Mr. Cohen stated in court, we will be challenging the new charges when motions are filed,” a spokesperson for Bankman-Fried said in a statement after the hearing. 

Bankman-Fried previously pleaded not guilty to eight counts of fraud and conspiracy for allegedly swindling investors and …

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