Federal authorities claim that Sam Bankman-Fried bribed Chinese officials to the tune of $40 million USD in cryptocurrency.

On Tuesday, a new indictment was released alleging that FTX founder Sam Bankman-Fried bribed Chinese authorities to unfreeze assets related to his cryptocurrency company to the tune of $40 million. Bankman-Fried was arrested in the Bahamas in December of last year and extradited to the United States soon thereafter. She faces thirteen charges, including conspiracy … Continue reading Federal authorities claim that Sam Bankman-Fried bribed Chinese officials to the tune of $40 million USD in cryptocurrency.