FTX founder Sam Bankman-Fried, under house arrest at his parents’ home in Palo Alto, pleads not guilty to new federal charges

By Kara Scannell, CNN

(CNN) — Sam Bankman-Fried, the founder of failed cryptocurrency trading platform FTX, pleaded not guilty to five new federal charges of fraud and conspiracy, including one count of conspiring to bribe Chinese government officials.

An attorney for Bankman-Fried entered the plea on his behalf of his client, who was seated beside him in the New York courtroom Thursday. He previously pleaded not guilty to eight other charges stemming from what prosecutors have described as one of the biggest financial frauds in US history.

Earlier this week, federal prosecutors tacked on a 13th criminal charge against Bankman-Fried, accusing him of bribing “one or more” Chinese government officials

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