FTX founder Sam Bankman-Fried will plead not guilty on charges of trying to evade campaign financing laws and attempting to bribe one or more Chinese government officials, Reuters reported on Thursday.

Bankman-Fried previously pleaded not guilty to eight charges of fraud and conspiracy, awaiting trial in October.

With the addition of accusations of attempting to evade campaign finance laws and bribery of Chinese government officials, Bankman-Fried now faces a 13-count indictment.

Along with charges of fraud, prosecutors accused Bankman-Fried of conspiracy of make unlawful political contributions in February.

The founder of the bankrupt crypto exchange was then accused of trying to bribe one or more Chinese government officials with around $40 million worth of crypto crypto in an attempt to unfreeze certain accounts of his trading firm Alameda.

(By Jamie Crawley)