Sam Bankman-Fried charged with bribing Chinese officials: Court docs

2 years ago

Former CEO of the FTX is successful blistery waters erstwhile again, arsenic helium is facing a caller 13-count indictment from the authorities successful the United States.

 Court docs

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FTX cryptocurrency speech laminitis and erstwhile CEO Sam Bankman-Fried is facing a caller 13-count indictment from the authorities successful the United States.

According to a tribunal filing by United States lawyer Damian Williams, 1 of the caller SBF’s charges includes an alleged $40 cardinal bribe to a Chinese authorities authoritative successful a caller superseding indictment.

In conception 105 of the filing, the ailment claims that SBF and different related parties “directed and caused the transportation of astatine slightest astir $40 cardinal successful cryptocurrency intended for the payment of 1 oregon much Chinese authorities officials.” According to the allegations, the transaction was made successful bid to power and induce the Chinese officials to unfreeze cryptocurrency accounts astatine FTX's affiliate steadfast Alameda Research.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

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