Former FTX CEO Sam Bankman-Fried (aka SBF) now faces a total of 13 criminal charges. Per Reuters, a newly unsealed indictment accuses the disgraced entrepreneur of conspiring to pay a $40 million bribe to Chinese government officials. Federal prosecutors allege Bankman-Fried ordered Alameda Research, FTX’s sister company, to transfer the funds to a private wallet, in hopes of convincing Chinese authorities to unfreeze Alameda accounts with more than $1 billion in crypto assets. It is illegal for US citizens to bribe foreign government officials in order to obtain business.
https://www.engadget.com/ftx-co-foun...1.html?src=rss
FTX co-founder Sam Bankman-Fried accused of bribing Chinese officials
29th March 2023, 08:25
FTX co-founder Sam Bankman-Fried accused of bribing Chinese officials 
