Bankman-Fried has pleaded not guilty to seven counts of fraud and conspiracy stemming from FTX's collapse in November 2022.

FTX filed for bankruptcy in November 2022 in the wake of claims that it misused and lost billions of dollars worth of customers' crypto deposits.

Prosecutors have accused Bankman-Fried of stealing billions in FTX customer funds to plug losses at Alameda Research.

The new indictment charged Bankman-Fried with seven counts of fraud and conspiracy over the November 2022 collapse of FTX, which is now in bankruptcy.

Founded in 1994, Brooklyn's Metropolitan Detention Center has been plagued by persistent staffing shortages, power outages and maggots in inmates' food.

Federal prosecutors in Manhattan say Bankman-Fried stole billions of dollars in FTX customer funds to plug losses at Alameda, buy real estate, and make political contributions through an illegal straw-donor scheme.

Launched in February 2022, the FTX Future Fund was part of the FTX Foundation, the philanthropic arm of Sam Bankman-Fried's crypto empire which fell apart last year, in what US prosecutors called an 'epic' fraud.

Bankman-Fried's arrest came after a flurry of customer withdrawals spurred by concerns about commingling of funds between the exchange and Alameda prompted the collapse of now-bankrupt FTX.

The new bribery conspiracy charge adds to the pressure on the 31-year-old former billionaire, who now faces a 13-count indictment over the November collapse of FTX.

The US bankruptcy judge says an independent probe into FTX's collapse would be redundant to other investigations being carried out by the crypto exchange's new management and law enforcement.

Prosecutors have raised concerns about witness tampering after Bankman-Fried sent an encrypted message over the Signal app to an FTX affiliate's general counsel, who could testify against him at a trial.

During FTX's investigation into hacks of its system, it uncovered an asset seizure by the Securities Commission of the Bahamas, which led to a dispute between FTX's US-based bankruptcy team and Bahamian regulators.