News Snapshot:
Sam Bankman-Fried, whose cryptocrrency empire collapsed in November, is expected to plead not guilty to charges of bribery and campaign law violations made against the founder of the FTX crypto exchange, Reuters reported Thursday, citing a person familiar with the matter. On Tuesday, a federal grand jury had added a 13-count indictment that accused Bankman-Fried of authorizing the transfer of $40M in crypto intended for one or more Chinese officials to regain access to assets, amounting to more than $1B in crypto held by FTX sister firm Alameda Research, which had been frozen by China. That added to eight counts...
