March 30 (UPI) -- Troubled digital currency executive Sam Bankman-Fried on Thursday entered a not-guilty plea to five additional charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research.
The new charges in New York federal court are part of a third round of counts from a superseding indictment that was unsealed on Tuesday in the Southern District of New York. Prosecutors say Bankman-Fried directed the payment of at least $40 million in cryptocurrency to one or more Chinese government officials to unfreeze trading accounts tied to Alameda Research.