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Bankman-Fried bribery indictment
March 28th, 2023 - 09:43 GMT

US charges Sam Bankman-Fried for bribing Chinese official

ALBAWABA — Former FTX co-founder and chief executive officer Sam Bankman-Fried authorized a cryptocurrency bribe of at least $40 million to a Chinese government official, United States federal prosecutors claimed in an indictment on Tuesday. The bribe came after Chinese officials in late 2021 froze some $1 billion in crypto trading accounts controlled by FTX affiliate Alameda Research, according to an amended criminal indictment signed by U.S. Attorney Damian Williams ...
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