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Ethereum World News 2023-03-28 15:10:11

Prosecutors Allege FTX’s Sam Bankman-Fried Bribed Chinese Authorities With $40 Million

Summary: U.S. prosecutors indicted disgraced FTX Founder Sam Bankman-Fried on bribery charges, Reuters reported Tuesday. Court documents alleged that SBF paid Chinese officials $40 million to unfreeze Alameda Research accounts that held approximately $1 billion in crypto. The FTX founder faces a litany of charges including conspiracy, fraud, money laundering, and campaign finance violations in the U.S. U.S. prosecutors indicted disgraced FTX Founder Sam Bankman-Fried on bribery charges involving payment to Chinese officials, Reuters reported Tuesday. Federal prosecutors filed court

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