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Fox Business
Fox Business
30 Mar 2023


Disgraced FTX founder Sam Bankman-Fried on Thursday pleaded not guilty to five additional federal charges brought against him by prosecutors in connection with the collapse of his cryptocurrency empire.

FTX founder Sam Bankman-Fried arrives at court in New York.

FTX founder Sam Bankman-Fried arrives at the U.S. federal courthouse in New York City on March 30, 2023. (Photo by Ed Jones/AFP via Getty Images / Fox News)

Including the latest round of charges, the former executive faces 13 federal counts. If convicted, he could face more than 150 years in prison.

Bankman-Fried will return to his parents' California home on house arrest until his trial, which is slated for October.

This is a developing story. Please check back for updates.