PANews reported on March 30 that according to Reuters, FTX founder SBF is expected to plead not guilty to new criminal charges in the United States, including conspiracy to violate campaign finance laws and bribe Chinese authorities. Previously, SBF pleaded not guilty to eight fraud and conspiracy charges involving the theft of billions of FTX customer funds to make up for the losses of its hedge fund Alameda Research. A person familiar with the matter told Reuters that he also plans to plead not guilty to 13 new charges. The new charges increase the pressure on Bankman-Fried, who could face decades in prison if he is convicted in a trial scheduled to begin on October 2.
