Not Guilty? Sam Bankman-Fried Denies New Counts Linked to FTX's Demise

In New York federal court on Thursday, Mar. 30, Sam Bankman-Fried entered a not-guilty plea to five new accusations stemming from the demise of his former cryptocurrency exchange, FTX, and hedge fund, Alameda Research.

Mark Cohen, Bankman-Fried's attorney, has stated his intention to submit a petition requesting that his client not be prosecuted on all counts. He noted that his client is not subject to trial on any accusations filed after his extradition.